FIRE RIVER GOLD FWR - Goldmine Nixon Fork, Alaska - 500 Beiträge pro Seite

[kaliho]

Wichtige Eckdaten
• Hochgradige Goldmineralisierung mit Kupfer– und
Silberanteilen
• Frühere Fördermengen betrugen durchschnittlich
mehr als 42 Gramm pro Tonne (1.4 opt)
• Schlüsselfertiger Minenbetrieb
• Mine vollständig genehmigt und gebondet
• Hervorragende Möglichkeiten für mittelfristigen
Produktionsstart
• Komplette Neubewertung von Ressourcen und
laufendem Minen-, Mühlen– und Abraumbetrieb
• Signifikante Explorationsvorteile

[kaliho]

http://www.firerivergold.com/i/pdf/FAUFactsheet_German.pdf" target="_blank" rel="nofollow ugc noopener">http://www.firerivergold.com/i/pdf/FAUFactsheet_German.pdf

[kaliho]

hat leider nicht richtig geklappt....
hier zur home page - auf die deutsche flagge clicken

http://www.firerivergold.com/s/Home.asp

[Ahorne]

Antwort auf Beitrag Nr.: 39.004.826 von kaliho am 24.02.10 18:32:24

Hallo zusammen

Also wenn ich das richtig verstehe sieht die Aktienstruktur aktuell so aus: Bitte um allfällige Korrektur

akutell:
http://www.firerivergold.com/s/Home.asp
http://www.firerivergold.com/i/pdf/FAUFactsheet_German.pdf


36,074,730 ISSUED & OUTSTANDING
11,297,097 WARRANTS
49,801,754 FULLY DILUTED

& Finanzierungrunde:

10 MIO USD / 0.50 USD pro Skt. = 20 Mio Aktien
+ einen 1/2 Warrant zu 0.75 = 10 Mio. Warrant

=

56 Mio. ISSUED & OUTSTANDING
21 Mio. WARRANTS
87 Mio. FULLY DILUTED

(akuteller Kurs: 0,405 CAD, 0.39 USD)

[suuperbua]

bei 1 eurocent kauf ich mir ein paar

[Ahorne]

PINNACLEDIGEST.COM
A Turn Key Gold Mining Operation - January 29 2010
http://www.firerivergold.com/i/pdf/PinnacleDigest_FAU.pdf

Auszüge aus diesem Bericht:

Fire River Gold is by far the most advanced mining company we have featured on any of the junior exchanges to date. It took 5 months of scouring the junior resource market to find this company. The long hours at the office were well worth it. Fire River is a company with a market cap of just under $18 million. With over $100 million in infrastructure already in place at the company's Nixon Fork Gold Mine, we have truly found a turn key gold mining operation. Never before have we found a mining company with this amount of infrastructure and a market cap of less than $20 million.

When most junior miners talk about infrastructure, they are talking about electricity, roads, a potential nearby work force, etc. (all very basic components that don't hold a candle to what Fire River has in place). When Fire River explains its current infrastructure it is clear just how advanced its Nixon Fork project is, as the company owns a turn key gold mining operation.

Nixon Fork Gold Mine History
The first company to work on the project was Nevada Goldfields Inc. (NGI) who constructed and operated the Nixon Fork high-grade gold mine from 1995-1998, producing 137,749 ounces of gold and 2.1 million pounds of copper, with additional silver credits. The average production grade was extremely high, 42 grams per tonne (gpt) of gold, with an average production cost of only US$266 per ounce. Nevada Goldfields' profitable operation at Nixon Fork funded its parent company, Real del Monteʹs development projects in Mexico. The Mexico projects were not successful and as a consequence the Nixon Fork Mine was closed in 1999 due to the bankruptcy of Real del Monte amidst declining gold prices.

[kaliho]

Antwort auf Beitrag Nr.: 39.005.092 von suuperbua am 24.02.10 19:01:04

naja.... wenn du meinst.
es ist dein geld und deine entscheidung.

ich hab mir gestern 50.000 @ can$ 0.41 ins depot gelegt.

..........abwarten!

[Ahorne]

Antwort auf Beitrag Nr.: 39.005.900 von kaliho am 24.02.10 20:44:26

Hallo Kaliho&Co ich bin auch dabei

Ps. Fire River nimmt an PDAC2010 teil
2010 Prospectors and Developers Association Conference, Booth 2127, March 7 - 10

http://www.firerivergold.com/s/Conferences.asp

Ich wünsche Euch ein ein schönes WE

[Ahorne]

So, jetzt habe mich eingelesen, so wie ich das sehe, sehen die Eckdaten so aus:
http://www.firerivergold.com/i/pdf/FAUFactsheet_German.pdf

Bitte um Ergänzung & Korrektur!!!

FAU hat Fleich am Knochen , gegenüber vielen anderen „Explorer“
-----------------------------------------------------------

Wichtige Eckdaten
• Hochgradige Goldmineralisierung mit Kupfer– und Silberanteilen
• Frühere Fördermengen betrugen durchschnittlich mehr als 42 Gramm pro Tonne (1.4 opt)
• Schlüsselfertiger Minenbetrieb
• Mine vollständig genehmigt und gebondet
Zwischen 2004 und 2009 investierten die früheren Betreiber ungefähr 52 Mio. US$ in die Erneuerung der Verarbeitungsanlagen und Mineninfrastruktur, in Genehmigungsverfahren und Bonding.
• Hervorragende Möglichkeiten für mittelfristigen Produktionsstart
• Komplette Neubewertung von Ressourcen und laufendem Minen-, Mühlen– und Abraumbetrieb
• Signifikante Explorationsvorteile

----------------------------------------------------------

http://www.firerivergold.com/i/pdf/MinesiteFAUJan2010.pdf
(…The planned initial production target is 50,000 ounces per year at a cost of around US$500 per ounce, although that output may rise in the longer term if the company drills up any good looking additional targets and starts to build more mines…)


Geplante Produktion pro Jahr. 50'000 Unzen (sollte gesteigert werden)
Cash Cost 500 USD

Marktkapitalisierung bei 90. Mio Aktien (Fully Diluted) * 0.41 CAD = 37Mio. USD
(akt. 50 Mio. Aktien)

Bruttoerlös bei Goldpreis:
700 = 10 Mio. USD
800 = 15 Mio. USD
900 = 20 Mio. USD
1'000 = 25 Mio. USD
1'100 = 30 Mio. USD
1'200 = 35 Mio. USD
1'500 = 50 Mio. USD


Mine genehmigt und gebondet. Geht vermutlich im 1. Q. 2011 in Produktion.
Bohrprogramm läuft.

[Ahorne]

Antwort auf Beitrag Nr.: 39.027.849 von Ahorne am 28.02.10 12:52:30

Pinnacle Digest zu Fire River Gold: SCHLÜSSELFERTIGER GOLDMINENBETRIEB
http://www.irw-press.com/news_8673.html

Wertes Mitglied,

Griffiths McBurney & Partners, ein angesehener Investment Dealer, der in erster Linie Unternehmen und institutionelle Anleger betreut, hat diese Woche einen quantitativen Bericht und eine Fachanalyse zum Thema Gold veröffentlicht. Der Bericht trug den gewagten Titel "Korrektur von Gold und Goldaktien nähert sich dem Ende." In diesem Bericht verlautbarte GMP: "Wir gehen weiterhin davon aus, dass es im Frühjahr 2010 bei den Goldwerten zu einem Zwischenhoch von mindestens 1.500 $ kommt. Wir sind der Meinung, dass die aktuellen Rückgänge fast zur Gänze abgeschlossen sind und eine günstige Gelegenheit bieten, verstärkt Gold und Goldaktien ins Portfolio aufzunehmen."

Genau das haben wir von Pinnacle vor.

Wir haben zuletzt vor ca. 5 Monaten einen Sonderbericht zu einem Goldunternehmen veröffentlicht. Das letzte Goldunternehmen, das wir uns im September 2009 auf die Fahnen hefteten, war Teryl Resources, ein Unternehmen, das im weltberühmten Goldgürtel Tintina in Alaska tätig ist. Weniger als 2 Monate nach Veröffentlichung unseres ersten Forschungsberichts bot Kinross Gold Teryl Resources an, seine Anteile am JV-Projekt Gil zu kaufen - und die Aktie verzeichnete einen Kursanstieg um 151 % gegenüber dem gemeldeten Preis. Für unsere Mitglieder und unser Team war das ein enormer Gewinn.

Unser Team ist nun zum weltbekannten Goldgürtel Tintina in Alaska zurückgekehrt und auf unser neues Unternehmen, das wir Ihnen hier präsentieren, gestoßen. Wir haben Fire River Gold Corp (FAU:TSXV) zu unserem Schwerpunktunternehmen für das Jahr 2010 gewählt. Das Paradeprojekt des Unternehmens ist die Goldmine Nixon Fork. In dieser hochwertigen Goldmine, aus der in der Vergangenheit Gold gefördert wurde, plant das Management in den nächsten 18 Monaten, oder vielleicht auch wesentlich früher, die Errichtung eines neuen Förderbetriebs. Den jüngsten Marktrückgängen ist es zu verdanken, dass die Aktie wieder auf einem Preisniveau notiert, wo sich für uns ein idealer Einstiegszeitpunkt anbietet. Fire River Gold wird derzeit mit einem Kurs von 0,44 $ pro Aktie gehandelt; die Höchststände lagen bei 0,75 $.

Fire River Gold ist das bei weitem fortschrittlichste Bergbauunternehmen, das wir bisher aus den Junior-Börsen ausgewählt haben. 5 Monate lang haben wir den Junior-Rohstoffmarkt durchforstet, bis wir auf dieses Unternehmen stießen. Die langen Stunden harter Büroarbeit haben sich gelohnt.

Fire River Gold ist ein Unternehmen mit einer Marktkapitalisierung von knapp unter 18 Millionen $. Angesichts der bereits gut erschlossenen Infrastruktur im Bereich der Nixon Fork Gold Mine, die einen Wert von über 100 Millionen $ aufweist, kann man hier tatsächlich von einem schlüsselfertigen Goldminenbetrieb sprechen. Wir haben noch nie zuvor einen Minenbetrieb mit einer derart gut entwickelten Infrastruktur und einer Marktkapitalisierung von unter 20 Millionen $ ausfindig gemacht.

Die meisten Junior-Bergbauunternehmen meinen u.a. Strom, Straßen und verfügbare Arbeitskräfte in der näheren Umgebung, wenn sie von Infrastruktur sprechen (dabei sind all dies Grundelemente, die dem Infrastrukturaufgebot von Fire River keinesfalls das Wasser reichen können). Wenn man den Ausführungen von Fire River Gold in Bezug auf die Infrastruktur zuhört, dann erkennt man erst, in welch fortgeschrittenem Stadium sich das Projekt Nixon Fork eigentlich befindet; das Unternehmen besitzt hier tatsächlich einen schlüsselfertigen Goldminenbetrieb.

Was ist unter "schlüsselfertig" zu verstehen?

Fire River Gold besitzt eine Fahrzeugflotte, eine eigenständige Stromerzeugungsanlage, Wasserversorgungs- und Abwasserentsorgungsleitungen, diverse Wartungseinrichtungen, Bohrausrüstung, ein Lager für 85 Arbeitskräfte, Bürogebäude und eine 1,2 km lange Landebahn für Flugzeuge.

Das ist aber noch nicht alles.

Zu den Anlagen gehört auch eine Flotationsanlage mit 200 tpd Kapazität, ein Gravitationskreislauf zur Goldabscheidung und ein Sulfidflotationskreislauf. Im Jahr 2008 wurde ein CIL-Goldlaugungskreislauf angekauft und bisher zu 60 % integriert.

Zuletzt noch der wichtigste Punkt: das für einen Minenbetrieb sehr schwierige und zeitaufwändige Genehmigungsverfahren wurde in Nixon Fork bereits erfolgreich abgeschlossen. Die Mine ist vollständig genehmigt und gebondet. Die Kosten für die Herstellung eines Bond alleine belaufen sich auf 3,6 Millionen $ und es dauert 5 Jahre, bis man ihn bekommt.

Wenn man die obige Zusammenfassung gelesen hat, dann zweifelt man nicht mehr am hohen Entwicklungsgrad der Nixon Fork Gold Mine von Fire River.

Wundern Sie sich nicht, dass Sie noch nie etwas über Fire River Gold gehört haben - Sie sind nicht die einzigen. Wir hatten den gleichen Gedanken, als wir das erste Mal von diesem Projekt hörten. Fire River Gold hat seinen Börsegang erst vor kurzem vollzogen und wird seit weniger als drei Monaten an der TSX Venture unter dem Börsensymbol FAU gehandelt.

Um die Strategie von Fire River Gold und das Potenzial der Goldmine Nixon Fork zu verstehen, müssen Sie zuerst mehr über die Umstände erfahren, unter denen die Mine erworben wurde bzw. nähere Einzelheiten zu den Arbeiten und Fördermengen in der Vergangenheit.

Geschichtliches zur Goldmine Nixon Fork

Das erste aktive Unternehmen auf dem Projektgelände war Nevada Goldfields Inc. (NGI). Dieses Unternehmen war zwischen 1995-1999 für die Errichtung und den Betrieb der Goldmine Nixon Fork verantwortlich. Aus dieser Mine mit hochgradiger Mineralisierung wurden 137.749 Unzen Gold und 2,1 Mio. Pfund Kupfer mit zusätzlichen Silberanteilen gewonnen. Der durchschnittliche Produktionsgehalt war extrem hoch und lag bei 42 Gramm pro Tonne (gpt) Gold, die durchschnittlichen Produktionskosten bei nur US$ 266 pro Unze. Mit dem profitablen Betrieb bei Nixon Fork konnte Nevada Goldfields seinen Mutterbetrieb Real del Monte und dessen Erschließungsprojekte in Mexiko finanzieren. Die Projekte in Mexiko waren leider nicht von Erfolg gekrönt und so ging Real del Monte im Zuge des Goldpreisverfalls in Konkurs und die Mine Nixon Fork mußte im Jahr 1999 geschlossen werden.

Damit bot sich für St Andrews Goldfields Ltd (SAS) eine günstige Gelegenheit, und das Unternehmen erwarb 2003 die Rohstoffrechte an der Mine Nixon Fork. Zwischen 2004 und 2008 wurden ca. 54 Millionen US$ in die Modernisierung der Verarbeitungsanlagen und Infrastruktureinrichtungen sowie in neue Maschinen investiert. Zwischen 2007 und 2008 wurden Bohrungen zur Erkundung der vorhandenen Reserven und Ressourcen über 9.381 Meter durchgeführt.

Im Rahmen der eingeschränkten Produktion im Jahr 2007 belief sich die Ausbeute auf 6.775 Unzen Gold und 78.644 Pfund Kupfer. Im Laufe der Zeit wurde zunehmend darüber spekuliert, dass St. Andrews bei der Zuteilung seiner Ressourcen Nixon Fork nicht ausreichend bedachte.

Alastair Ford schrieb in einem am 19. Januar 2010 auf "minesite.com" veröffentlichten Beitrag in Bezug auf die von St. Andrews in der Mine Nixon Fork durchgeführten Arbeiten: "Damals schien St. Andrews in allen Bereichen den Selbstzerstörungsknopf zu drücken, und Nixon Fork war da leider keine Ausnahme."

Im Herbst 2008, während der Einbruchs der Märkte, wurde der Minenbetrieb auf Wartungsarbeiten umgestellt.

Wie alle Bergbaubetriebe konnte auch St. Andrews Goldfields dem wirtschaftlichen Einbruch im Jahr 2008 nicht standhalten. Während des Crash, als Barmittel bei allen Bergbauunternehmen extrem knapp waren, entschloß sich das Unternehmen, alle noch verfügbaren Ressourcen auf seine Mine Holloway in Timmins in Ontario zu konzentrieren (hier wird aktuell Gold gefördert) und die Mine Nixon Fork zum Verkauf anzubieten. Damit war die Goldmine Nixon Fork, bedingt durch die Finanzkrise und die ungewöhnlichen Umstände, wieder für potenzielle Käufer verfügbar.

Diese Gelegenheit konnte sich Harry Barr, President von Fire River, nicht entgehen lassen. Seine erklärte Philosophie lautet: jede grosse Krise birgt eine grosse Chance.

Nixon Fork wurde im Februar 2009 von Pacific North West Capital erworben. Fire River Gold, ein Spinout-Unternehmen von Pacific North West Capital, kaufte die Mine Nixon Fork im Juni 2009 für 3 Millionen $ (bar und Aktien) von Pacific North West Capital. Pacific North West Capital ist nach wie vor der größte Aktionär von Fire River. Harry Barr ist CEO und President von Fire River Gold und Pacific North West Capital.

Da die letzten beiden Projektbetreiber der Mine Nixon Fork in erster Linie Investitionen in die unterirdische Erschließung, Verbesserung der Mineninfrastruktur, Ausrüstung, Genehmigung und Bonding tätigten, flossen nur geringe Budgetmittel in Explorationsaktivitäten zur Erkundung weiterer Vorkommen. Zahlreiche Explorationsziele wurden seither identifiziert und das Management von Fire River will sich nun verstärkt auf diese und andere Bereiche im Konzessionsgebiet konzentrieren mit dem Ziel, neue Ressourcen aufzufinden. Fire River will herausfinden, wie groß die Goldmine, auf der das Unternehmen sitzt, wirklich ist. Das Management ist überzeugt, dass die Mine Nixon Fork nicht nur ein enormes Explorationspotenzial besitzt, sondern auch hervorragende Voraussetzungen für eine baldige Aufnahme der Förderaktivitäten bietet.

WAS IST ZU ERWARTEN?

Im heurigen Jahr wird eine NI 43-101-konforme Ressourcenberechnung durchgeführt. In diesen Bericht sollen auch die Ergebnisse eines 1,25 Millionen CDN $ schweren Programms einfließen, das Ende April 2009 gestartet wurde. Das Ziel besteht darin, den Minen- und Mühlenbetrieb und die unterirdischen Ressourcen neu zu bewerten und eine umfassende Studie zur Neustrukturierung der Abraumhalde umzusetzen. Der Bericht wird in mehreren Teilen veröffentlicht, wobei die Fertigstellung der Studie zur Abraumhalde den ersten Meilenstein darstellt. Laut Meinung von Northern Miner ist die 5 Acres grosse Abraumhalde von Fire River Gold's "selbst schon eine Goldmine". Nach Durchsicht früherer Berichte ist uns klar, warum hier eine so gewagte Aussage getätigt wird. Die Rückstände aus dem Mühlenbetrieb - insgesamt 150.000 Tonnen - wurden im Rahmen einer früheren Studie auf einen durchschnittlichen Goldgehalt von 8,1 Gramm pro Tonne geschätzt.

Der nächste Schritt besteht nun darin, sich die Möglichkeit einer Aufbereitung der Rückstände in der neu angekauften CIL-Anlage, die bereits zu 60 % in den Mühlenbetrieb integriert wurde, genauer anzusehen. Ein Bohrprogramm und eine metallurgische Studie werden bereits vor Ort umgesetzt. Eine endgültige Auswertung der Ergebnisse wird voraussichtlich in Kürze gemeinsam mit einem entsprechenden Bericht veröffentlicht.

Sind die Ergebnisse positiv, dann plant das Management, auch den restlichen Teil der CIL-Anlage (bereits vor Ort verfügbar) und die für eine Aufarbeitung der Rückstände notwendige Ausrüstung im Winter 2010 instand zu setzen. Die Entscheidung hinsichtlich einer Aufarbeitung der Rückstände soll zu Frühlingsbeginn im März 2010 (in ca. einem Monat) fallen. Das ist auch der Hauptgrund, warum wir Ihnen Fire River Gold genau jetzt vorstellen.

Fire River hat für 2010 große Pläne und wird sich nicht mit altem Datenmaterial von früheren Betreibern der Mine Nixon Fork zufrieden geben. Das Team von Fire River Gold kann gemeinsam mehr als 100 Jahre Erfahrung im Bergbau in Alaska vorweisen; deshalb ist das Unternehmen auch überzeugt, dass seine Experten mit ihrem Know-how in diesem Gebiet Hervorragendes leisten werden. Fire River will sich nicht auf historische Berichte verlassen und wird 2010 eine umfassende Evaluierung (1,25 Mio. $) und ein Explorationsprogramm über 20.000 Meter in Angriff nehmen. Daraus soll im Herbst dann eine eigene NI 43-101-konforme Schätzung für die Goldmine Nixon Fork entstehen. Auch dies ist ein wesentlicher Grund, warum wir Ihnen gerade jetzt etwas über dieses Unternehmen erzählen. Dazu kommt, dass das Expertenteam des Unternehmens historische Bohrergebnisse über mehr als 200.000 Fuss nochmals untersuchen will und im Rahmen des in dieser Saison geplanten umfangreichen Bohrprogramms u.a. eine geochemische Messung zur Identifizierung vorrangiger Ziele durchführen wird.

Einzelheiten zu Fire Rivers Arbeitsprogramm 2010:

- Zwischen April und August 2010 wird mit den Arbeiten zu unterirdischen Infill-Bohrungen über 12.000 Meter (36.000 Fuss) in 5 Zielbereichen begonnen.
- Zwischen Mai und September 2010 wird mit den Arbeiten zu Explorationsbohrungen an der Oberfläche über 8.000 Meter (24.000 Fuss) in 3 Zielbereichen begonnen.

Nicht vergessen: Fire River Gold hat für 2010 noch ein 'Eisen im Feuer'.

Zusätzlich zum Explorationspotenzial ist noch das im Abraummaterial enthaltene Gold zu berücksichtigen, das in einem Bereich zwischen 150.000 Tonnen mit einem Gehalt von 7 g/t und 170.000 Tonnen mit einem Gehalt von 9 g/t liegen dürfte. Dieses Gold könnte sich für das Unternehmen in naher Zukunft als wichtige Einnahmenquelle erweisen.

Außerdem ist Fire River in der beneidenswerten Position, ein Unternehmen mit guter Kapitalausstattung zu sein - für einen Junior-Bergbaubetrieb keine Selbstverständlichkeit. Per Januar 2010 hatte das Unternehmen einen Barbestand in Höhe von 3,5 Millionen $, mit dem es bei einer möglichen Goldrallye maximal profitieren wird.

Der bevorstehende Goldpreisanstieg ist ein Phänomen, das laut Rob McEwen, Gründer und vormals CEO von Gold Corp., "nur einmal in 300 Jahren" eintritt. McEwen ist ebenfalls ein Befürworter des Junior-Rohstoffmarkts, in dem - wie er sagt - die zukünftigen Weltproduzenten zu finden sind.

Greg McCoach, der renommierte Minenspekulant, Goldhändler, Investor und Verfasser von Börsenbriefen konnte im Laufe der Jahre einen beeindruckenden Erfahrungsschatz sammeln. Vergangene Woche meldete er sich mit einer klaren Ansage zu Wort: "Ich bin überzeugt, dass der Goldpreis in den nächsten 12 Monaten die 1.500 $-Marke durchbrechen wird. Das bedeutet, dass das Jahr 2010 für Aktien von Junior-Goldunternehmen ein Jahr des Durchbruchs sein wird, der mit nichts in den vergangenen 10 Jahren zu vergleichen ist. Bis die Junior-Goldaktienmärkte ihren Höhepunkt erreichen werden, steht uns allerdings noch ein langer Weg bevor. Ich rate Ihnen dringend, jetzt mit dem Positionsaufbau zu beginnen."

Was Fire River Gold (FAU:TSXV) betrifft, so sprechen die Fakten für sich. Wir kaufen in der kommenden Woche Aktien des Unternehmens und stellen uns damit klar hinter unser Schwerpunkt-Goldunternehmen für das Jahr 2010.

Wir wünschen Ihnen für Ihre Anlageentscheidungen alles Gute.

PINNACLEDIGEST.COM

HIER GEHT ES ONLINE ZU FIRE RIVER GOLD: http://www.firerivergold.com/s/Home.asp
DETAILS ZUM ONLINE-FACTSHEET FÜR INVESTOREN VON FIRE RIVER: http://www.firerivergold.com/i/pdf/FAUslideshow.pdf

[kaliho]

Fire River Gold Expands Management Team for the Nixon Fork Gold Mine, Alaska
posted on Mar 02, 10 04:01PM
Fire River Gold Corp. (TSX.V: FAU; OTCQX: FVGCF; FSE: FWR) ("FAU" or the "Company") is pleased to announce that it has expanded its management team to advance the Nixon Fork Gold Mine.


Richard Goodwin, P. Eng. has been appointed Vice President, Mining and is the Project Manager of the Nixon Fork Gold Mine. Mr. Goodwin is a professional mining engineer with over 25 years experience in underground mine operations, engineering consulting and corporate management. Early in his career, Mr. Goodwin worked at the Myra Falls Operations of Westmin Resources Ltd. for ten years, during which time he performed numerous mine engineering roles and three years of hands-on experience as an underground miner. In 1995 he became a consulting mining engineer, first with MRDI Canada as a Principal Engineer and later with Snowden MIC, where he managed Snowden's steady growth in Canada.

Mr. Goodwin then went on to manage the development, test mining and completion of feasibility studies as Vice President, Mining, for Yukon Zinc Corporation's Wolverine zinc-silver project. Prior to joining the Company, Mr. Goodwin oversaw a $300 M project for the construction of a 2000 tonne-per-day polymetallic mine as Chief Operating Officer & Vice President Mining for Redcorp Resources Ltd. In each of his last three assignments, he has demonstrated the ability to assemble and manage a competent technical team to manage advanced stage mining projects.

Larry Hillesland has been hired as the Manager of Geology for the Project. Mr. Hillesland has over 30 years of mineral exploration experience throughout the Western Hemisphere, with a strong focus on gold. In addition, he has worked as Project Manager or Exploration Manager for several projects including Kinross' Kupol Project, the Century Mining's San Juan Mine, and American Bonanza's Copperstone Mine. Mr. Hillesland's most recent job was Project Manager for Kodiak Exploration's Hercules Project in Ontario, where he managed major drill programs. Mr. Hillesland also managed the exploration program at Goldfields Cerro Corona in Peru. Mr. Hillesland has applied his talents to project development, the assessment of district plays, and to mergers and acquisitions; all skills that Fire River Gold will use as the Company grows.

Kristian Whitehead has been added to the team as Senior Geologist. Mr. Whitehead has focussed his seven years of exploration experience on gold exploration, primarily in the Tintina Gold Belt, where the Nixon Fork Mine is located. He has acted as Senior Project Geologist twice before; on the Dublin Gulch Project for StrataGold, and most recently on the Cassiar Gold Project for Hawthorne Gold Corporation. Other projects Mr. Whitehead has worked on include the Frasergold (BC), and the Clear Creek, Hyland, Aurex, Lynx, and Donjek (all in the Yukon).

This project team will manage the geological re-assessment work that began in the summer of 2009. This involves the re-logging and re-assaying of several thousand feet of existing core obtained from prior drill campaigns at the mine. There are also 9381 meters of drilling that was done on the orebody in 2007 and 2008, the results of which have never been released. The work will result in a complete re-evaluation of the geological model that will be used to prepare a new resource statement, which will be declared in a NI 43-101 Report before year end. The Company will issue regular updates on the progress of this program, including the 2007 and 2008 drill results over the next few months.

About Fire River Gold Corp.
Fire River Gold Corp. is a junior exploration/development company focused on North American gold projects with a specific emphasis in Alaska. The company's management team has extensive experience in all aspects of project acquisition, exploration, and development and has over one hundred years of combined experience working in Alaska. Fire River Gold is publicly traded in Canada on the TSX Venture Exchange (FAU), in Germany on the Frankfurt Exchange (FWR) and on the United States' OTCQX Exchange (FVGCF). The recently acquired Nixon Fork Gold Mine in Alaska has the potential to be a near term gold producer. Management's objective is to make FAU a North American gold producer in the next 18 months. The Company is presently negotiating additional advanced stage gold projects in North America.

Nixon Fork Mine
The Company's main focus is the gold-copper-silver Nixon Fork Mine, Alaska, which was acquired in August of 2009. A former high-grade gold mine, it produced approximately 145,000 ounces of gold at a production average of 42 grams per ton (1.4 opt).

This turn-key project is a fully operational mining-milling facility that includes a 200+ tpd flotation plant with a gravity gold separation circuit. In 2008, a complete CIL gold leaching circuit was designed and purchased and is approximately 60% installed. The mine also includes a fleet of mining vehicles, a self-contained diesel power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip. Mining and processing operations at Nixon Fork are fully permitted and bonded.

2010 Re-evaluation Program in Progress
In 2009 the company began a $1.25M evaluation of the project to confirm the status of the geological work, confirm both the gold grade from the tailings pond, and further metallurgical assessment through testwork. The evaluation program is continuing into 2010, with key milestones including a determination of a go, no-go decision for completing the CIL circuit to process tailings by Spring 2010; defining exploration targets for underground and surface drilling commencing in Spring; the preparation of a new resource estimate for the property by fall 2010, and the determination of a go, no-go decision for the resumption of underground mining by the end of the year.

The Nixon Fork mine hosts a skarn deposit with complex geology. Understanding the rock types and structure is paramount to demonstrating the continuity of mineralization. Although management believes the information from the previous operators to be relevant, it is management's objective to re-establish a new geological model and mine plan by completing the following:
at the mine site, the company has a team of geologists that are currently re-logging all existing core at site in conjunction with underground mapping of current workings (a component of the re-logging will be to reduce and compile historic rock codes from over 300 to approximately 30)
re-assaying selective intercepts, and
confirming or correcting hole surveys
re-logging and re-assaying portions of the most recent drill programs undertaken by the previous operators
management plans to drill up to 20,000 m in 2010 in both underground and surface programs
Upon completion of this work, a new resource estimate scheduled for completion late in 2010, will be prepared for the property, using Fire River's new data from the 2010 Exploration program.

The ongoing work program of 2010 is under the direction of Mr. Goodwin, project manager, with a team of site geologists. To accelerate this work, the project team has been expanded in 2010 with the addition of four geologists, including Larry Hillesland as the Manager of Geology and Kristian Whitehead as a Senior Project Geologist.

Underground Exploration Update 2010
From 2004 through 2009 the previous operator spent approximately US$52 million on upgrades to the processing facilities, mine infrastructure, permitting and bonding with only a limited amount of their budget spent on exploration.

FAU plans to use the results of this geological re-evaluation program to guide a 12,000m underground drill program scheduled for spring and summer. The final resource estimate, scheduled for release late in 2010 will incorporate the results of the re-evaluation program as well as the results of the 2010 drilling.

Surface Exploration Update 2010
As well, the Company will undertake a total of 8,000m of surface drilling which will test several development prospects on the property from surface in hope of establishing additional zones of mineralization.

Re-Evaluation of Tailings Pond
The first operator of the Nixon Fork Mine produced an average head grade of approximately 42 grams per ton (1.4 OPT) but only averaged 83% recovery. Based on previous engineering and metallurgical studies done on the tailings pond, between 150,000 tonnes and 170,000 tonnes of mill tailings are in place (at a grade of between 7 and 9 grams per tonne) which are currently being re-evaluated.

The objective is to look at the feasibility of re-processing the tailings through the new CIL plant that was purchased and is approximately 60% installed in the mill. A drill program was done in the fall to confirm the gold grades and a metallurgical study is in progress, confirming prior study results. A complete evaluation of the tailings production is slated for first half of 2010. If the Company elects to defer this option, gold recovery from the tails will be a component of an overall mine plan, anticipated for completion by the end of 2010. Ongoing periodic updates will follow as the program continues through 2010.

Financing Update
In December 2009, the Company closed a $3.0 Million first tranche of a proposed $10.0 Million brokered private placement with Loewen, Ondaatje (SP), and McCutcheon (LOM). The unit offering at $0.50 per unit consists of one common share and one half-warrant, with each full warrant exercisable at a price of $0.75, for a period of eighteen months after the closing date of the private placement.

Richard Goodwin, P.Eng. is the Qualified Person for this press release

[kaliho]

Fire River Gold Corp. Produces Excellent Gold Results - 61 g/t over 4m
posted on Mar 23, 10 10:05AM
Geological re-assessment work 30% complete; resource update Fall 2010
Significant Previously Undisclosed Results:
1.8 opt (61 g/t) Au over 13 ft (4.0 m) in hole N08U007
2.9 opt (99 g/t) Au over 1.3 ft (0.4 m) and 1.2 opt (41 g/t) Au over 12.5 ft (3.8 m) in hole N08U017
2.4 opt (84 g/t) Au over 1.6 ft (0.5 m) in hole in hole N08U018
4.1 opt (140 g/t) Au over 15.1 ft (4.6 m), including 21.4 opt (729 g/t) Au over 2.0 ft (0.6 m) in hole N08U011 re-assay
Results pending for 90 more holes
March 23, 2010. Vancouver, Canada - Fire River Gold Corp. (TSX-V: FAU, OTCQX: FVGCF, FSE: FWR) ("FAU" or the "Company") is pleased to announce bonanza gold results from its ongoing geological re-evaluation program for the Nixon Fork Gold Mine Project in Alaska. In the years 2007 to 2008, the former operator drilled 9400 metres in 110 holes, the results of which have never been previously disclosed to the public. All holes were drilled after the last mining campaign and are thus available for inclusion into an updated resource estimate, scheduled for release in the Fall of 2010. This news release covers the first 20 holes drilled in 2008, as shown in Table 1. Results for the remaining 90 holes will be released over the next few months as re-logging work is performed and intercept grades are verified through re-assaying select intervals.
Table 1: Complete List of Drillhole Intercepts for 20 Holes Drilled in 2008



No significant intercepts were reported in holes N08U001, 004, 005, 009, 010, and 015.

The Nixon Fork Mine
The Nixon Fork Gold Mine, located near McGrath, Alaska, is a former producer with two recent campaigns of mining, detailed in Table 2.
Table 2: Production History of the Nixon Fork Gold Mine's
Most Recent Mining Campaigns



The property has an operating gravity and flotation mill, two underground mines, 85 person camp, 2.7 MW power plant, 1200 m airstrip, and is fully permitted and bonded.

"We are in a very unique and advantageous situation at Nixon Fork", says Harry Barr, President and CEO of Fire River Gold, "The former owners have done all the heavy lifting and set up the operation with excellent facilities including permitting. Our task is to demonstrate that the Nixon Fork Gold Mine can be economically viable once again."

The Deposits
The deposit is a gold-rich copper silver skarn typical of other skarn systems found throughout the world. At Nixon Fork, the higher grades are found in steeply plunging pipe-like bodies which are oxidized to depths of up to 350 metres below the surface. Oxidization of the system has resulted both in secondary copper and gold, with high grades and a nuggety distribution.

Figure 1 shows approximately 1200 drill holes on a long section that define the Crystal and Mystery ore bodies. Intercepts of greater than 3 g/t are highlighted as well as projections of the mineralized zones. The Southern Cross is a prospective exploration target between the two mines that is largely unexplored.
Figure 1: Long Section of the Crystal and Mystery Ore Bodies


The Geologic Re-assessment Program

The re-assessment work is being led by Larry Hillesland, Manager of Geology (see March 2, 2010 press release). Mr. Hillesland manages a staff of six site geologists who are re-logging and re-assaying select critical mineralized intercepts from the property's approximately 73,000 metres of historic drill core.

Inconsistencies in the historic core logging have compromised the usefulness of the data. Re-logging the core with consistent rock identification and coding is critical to generating an accurate geologic model for the orebody. This work is estimated to be 30% complete. All drill hole intercepts reported in this release are in unmined areas and will be incorporated into an updated resource estimate, scheduled for completion by Fall 2010.

Included in this total is 9400 m of underground drilling in 110 holes that was completed in 2007 and 2008 by the last operator. These holes were intended to further define mineralized zones, testing for extensions of the 3300 ore zone as well as the Southern Cross zone between the Mystery and Crystal Mines, and to provide assistance with grade control.

"Results to-date from our current re-sampling and evaluation program have met, and in some cases, exceeded our expectations and have identified very promising grades amenable to mining." commented Larry Hillesland, Manager of Geology.

Quality Control

Because the 2007 and 2008 results were not formerly reported, a careful review of all quality control and quality assurance procedures used by the former operator was initiated. Assay certificates were verified with the digital database and the results from blank and certified standards were compiled. This review shows more than an adequate number of certified standards had been used along with numerous blanks and duplicates.

Five different gold standards were used in 2008 that ranged from 1.02 to 30.04 grams per tonne. These are commercial standards produced by Rock Labs. A total of 49 standards were submitted for this program. Acceptable values for standards form a range that lies between two standard deviations below the average and two standard deviations above the average.

During 2008, 22 of the submitted standards fell outside the acceptable limits. Of those 22 standards 17 were low to marginally low and generally within 3 standard deviations of the mean. Five of those standards reported values that were higher than the accepted limits. All blank samples submitted were in acceptable ranges and the duplicate samples showed typical variability for this type of gold system. FAU will replace the standards for ongoing assessment work.

Table 2 shows a list of significant intercepts for 28 holes of the 2008 drill program conducted by the last operator. Due diligence field duplicate check assays yielded significant results from 8 of the 28 drill holes. A total of 80 samples and 4 standard reference samples were checked against the 2008 results. This table generally lists any sample greater than 3 g/t Au, regardless of thickness. These results have exploration significance. Note that the widths of the intercepts are not necessarily the true width of the zone.

Fire River Gold's re-sampling program of drill core from the 2008 drilling at Nixon Fork was essentially a modified field duplicate exercise. The remaining half-cores were fully analyzed except in rare cases where quarter-cores were used. Sampling of core-duplicates as compared to pulp-duplicates can produce a high degree of variability in the results due to the "nugget effect" of gold mineralization that occurs at Nixon Fork.

Every effort was made to replicate the previous sample intervals unless a previous sample crossed a lithological or mineralized boundary. In these cases the new 2010 samples were terminated at such boundaries.

The differences in lengths of the intervals may account for some of the variability in gold grades. In general, the assays agree fairly well, especially for a comparison of field duplicate samples in a high-grade, coarse gold system.
Table 3: A Comparison of the Original to Check Assays for the 2008 Drilling.



Proposed 2010 Drill Program

A 20,000 m drill program is planned to begin in Spring 2010, 8,000 metres of which will be on surface to and 12,000 metres of which will be done underground in both the Crystal and Mystery Mines to confirm continuity of mineralization and extend mineralized zones.

The property has numerous additional exploration prospects on surface, as shown in Figure 2. The two existing mines are marked as squares in the upper left section of the drawing. The stars on the map indicate exploration prospects that have been identified by diamond drilling, trench sampling, and outcrops. The company plans to explore these with 8,000 metres of surface drilling beginning in Spring 2010. Management believes that there is the potential to not only expand resources in the existing mines, but to identify completely new zones for mining.
Figure 2: Mines and Prospects on the Nixon Fork Mine Property Claim



The geological resource assessment work will be carried on through the year and, coupled with results from the 2010 drill program; a resource will be estimated for the property and released in the Fall of 2010. A mine plan will be prepared and a production decision will be made for the resumption of underground mining by the end of 2010.

The project is being managed by Richard Goodwin, P.Eng., VP Mining for Fire River Gold and the Qualified Person for this news release.

About Fire River Gold Corp.

Fire River Gold Corp. is a junior exploration/development company focused on developing advanced stage gold projects in North America. The company's team of professionals, includes dedicate senior management, geologists, engineers, corporate finance, investor relations experts, corporate management, public company administrators and regulatory and government affairs specialists. Fire River Gold is publicly traded in Canada on the TSX Venture Exchange (FAU), in Germany on the Frankfurt Exchange (FWR) and on the United States' OTCQX exchange (FVGCF).

On behalf of Fire River Gold Corp.


"Harry Barr"

Harry Barr
President & CEO

Disclaimer: This news release may contain certain "forward-looking statements". All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and available at www.sedar.com or filed with the Canadian National Stock Exchange. Any forward-looking statements are not guarantees of the Company's future performance and are subject to risks and uncertainties that could cause actual results, developments, and business decisions to differ materially from those contemplated by any forward-looking statements. Except as required by law, the Company undertakes no obligation to update any forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not Pink OTC Markets Inc. are solely responsible for the accuracy of such news releases.

[ooy]

Antwort auf Beitrag Nr.: 39.198.148 von kaliho am 23.03.10 15:55:46

Hoert sich gut an, schoene ASK-Kaeufe in Can.

[kaliho]

[kaliho]

http://www.firerivergold.com/s/Home.asp

[kaliho]

Junior gold stock pops on drill results
3/23/2010 3:31:15 PM | Stockhouse Editorial Staff
210 Reads | 1 Comments

Includes four meters of 60.9 g/t


Fire River Gold (TSX: V.FAU, Stock Forum) shares shot up 19% to 43.5 cents on Tuesday after the junior explorer announced gold results from its ongoing geological re-evaluation program for the Nixon Fork Gold Mine Project in Alaska. In the years 2007 to 2008, the former operator drilled 9400 metres in 110 holes, the results of which have never been previously disclosed to the public. Results from the first 20 holes drilled in 2008 included four meters of 60.9 grams per tonne gold

"We are in a very unique and advantageous situation at Nixon Fork", says Harry Barr, President and CEO of Fire River Gold, "The former owners have done all the heavy lifting and set up the operation with excellent facilities including permitting. Our task is to demonstrate that the Nixon Fork Gold Mine can be economically viable once again."

On Friday, Stockhouse columnist Thom Calandra thought Fire River Gold could get some “respect” in the coming week.

[kaliho]

http://www.smallcapepicenter.com/executive/FAU24March2010/in…

[kaliho]

Fire River Gold Announces Gold Results From Nixon Fork - 122g/t Au Over 4.4m
posted on Mar 31, 10 10:06AM
VANCOUVER, BRITISH COLUMBIA--(March 31, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(FRANKFURT:FWR) -

-- Geological re-assessment work 35% complete; resource update Fall 2010
-- Significant Previously Undisclosed Results:
-- 3.5 opt (122 g/t) Au over 14 ft (4.4 m) in hole N08U023
-- 1.6 opt (54 g/t) Au over 3.3 ft (1.0 m) in hole N08U025
-- 1.8 opt (60 g/t) Au over 1.3 ft (0.4 m) in hole N08U026
-- 1.7 opt (57 g/t) Au over 3.6 ft (1.7 m) in hole N08U032
-- A section of hole N08U024 that yielded insignificant results in the
original assaying produced a re-assay value of 4.0 opt (138 g/t) over
0.9 m.
-- Results pending for 79 additional holes

Fire River Gold Corp. ("FAU" or the "Company") is pleased to announce bonanza gold results (3.5 opt (121.6 g/t) over 4.4 m) from its ongoing geological re-evaluation program for the Nixon Fork Gold Mine Project in Alaska. In the years 2007 to 2008, the former operator drilled 9400 metres in 110 holes, the results of which have never been previously disclosed to the public. All holes were drilled after the last mining campaign and are thus available for inclusion into an updated resource estimate, scheduled for release in the Fall of 2010. This news release covers 11 holes drilled in 2008, as shown in Table 1. Results for the remaining 79 holes will be released over the next few months as re-logging work is performed and intercept grades are verified through re-assaying select intervals.

Table 1: List of 7 Additional 2008 Drillholes and their Respective
Significant Intercepts

-----------------------------------------------------------------------
Width Au Grade
------------------------------
Hole # From To (ft) (m) (opt) (g/t) Location
-----------------------------------------------------------------------
-----------------------------------------------------------------------
3300
N08U021 26.0 29.0 9.8 3.0 0.5 18.3 Zone
-----------------------------------------------------------------------
3300
N08U023 12.5 16.9 14.4 4.4 3.5 121.6 Zone
-----------------------------------------------------------------------
3300
N08U023 33.7 37.0 10.8 3.3 0.4 12.9 Zone
-----------------------------------------------------------------------
3300
N08U024 29.9 30.8 3.0 0.9 0.2 6.4 Zone
-----------------------------------------------------------------------
3300
N08U024 36.0 38.2 7.2 2.2 0.4 14.6 Zone
-----------------------------------------------------------------------
3300
N08U025 14.0 26.6 41.3 12.6 0.3 8.9 Zone
-----------------------------------------------------------------------
3300
including 14.0 15.0 3.3 1.0 1.6 54.4 Zone
-----------------------------------------------------------------------
3300
including 26.1 26.6 1.6 0.5 1.0 32.9 Zone
-----------------------------------------------------------------------
3300
N08U26 28.7 29.1 1.3 0.4 1.8 60.2 Zone
-----------------------------------------------------------------------
3300
N08U27 14.0 17.8 12.5 3.8 0.3 11.2 Zone
-----------------------------------------------------------------------
3300
N08U32 82.3 83.4 3.6 1.1 1.7 57.4 Zone
-----------------------------------------------------------------------

No significant intercepts were reported in holes N08U020, 022, 029, and 033. Re-sampled 2010 Check Assays are pending for Holes N08U028, 030, and 031, which will be included in a future news release for this program.

Quality Control

Because the 2007 and 2008 results were not formerly reported, a careful review of all quality control and quality assurance procedures used by the former operator was initiated.

Fire River Gold's re-sampling program of drill core from the 2008 drilling at Nixon Fork is essentially a modified field duplicate exercise. The remaining half-cores were fully analyzed except in rare cases where quarter-cores were used. Sampling of core-duplicates as compared to pulp-duplicates can produce a high degree of variability in the results due to the "nugget effect" of gold mineralization that occurs at Nixon Fork. The comparison of original to check assays for these holes is shown in Table 2.

Every effort has been made to replicate the previous sample intervals unless a previous sample crossed a lithological or mineralized boundary. In these cases the new 2010 samples were terminated at such boundaries.

The differences in lengths of the intervals may account for some of the variability in gold grades. In general, the assays are in close agreement, especially for a comparison of field duplicate samples in a high-grade, coarse gold system.

Table 2: A Comparison of the Original to Check Assays for the 2008 Drilling
------------------------------------------ --------------------------------
ORIGINAL ASSAYS CHECK ASSAYS
------------------------------------------ --------------------------------
Hole From To Length Au From To Length Au
Number meters meters meters g/t meters meters meters g/t
----------------------------------------- --------------------------------
Intercept Averages from about 1 to 10 g/t
-----------------------------------------
N08U025 14.0 26.6 12.6 8.9 14.0 26.8 12.8 8.6

Intercept Averages from 10 to 30 g/t
------------------------------------
N08U021 26.0 29.0 3.0 18.3 26.8 29.9 3.1 15.6
N08U023 33.7 37.0 3.3 12.9 33.8 37.8 4.0 10.8
N08U024 36.0 38.2 2.2 14.6 36.0 38.1 2.1 8.2
N08U027 14.0 17.8 3.8 11.2 14.0 17.7 3.7 8.1

Intercept Averages greater than 30 g/t
--------------------------------------
N08U023 12.5 16.9 4.4 121.6 12.4 17.3 4.9 74.5
N08U025 14.0 15.0 1.0 54.4 13.6 14.6 1.0 76.1

----------------------------------------- --------------------------------

Surprisingly, a 0.9 m section of hole N08U024 (from 16.8 m to 17.7 m) yielded insignificant results in the 2008 program, but yielded 138 g/t when assayed as part of this program.

Please refer to FAU's March 23rd news release, reporting the results from the first 19 holes of this program, for additional details on the project and the geological re-assessment program, including historic site production, a description of the deposits, additional information on the QA/QC measures, and a description of our planned 2010 exploration drilling program.

The project is being managed by Richard Goodwin, P.Eng, VP Mining for Fire River Gold and the Qualified Person for this news release.

About Fire River Gold Corp.

Fire River Gold Corp. is a junior exploration/development company focused on developing advanced stage gold projects in North America. The Company's team of professionals includes dedicated senior management, geologists, engineers, corporate finance, investor relations experts, corporate managers, public company administrators and regulatory and government affairs specialists. Fire River Gold is publicly traded in Canada on the TSX Venture Exchange (FAU), in Germany on the Frankfurt Exchange (FWR) and on the United States' OTCQX market tier (FVGCF). Fire River Gold is a member of the International Metals Group (IMG).

On behalf of the Board of Directors

Harry Barr, President & C.E.O.

Disclaimer: Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable.

We seek safe harbour.

FOR FURTHER INFORMATION PLEASE CONTACT:

Fire River Gold Corp.
Investor Relations

[phone]
[phone] (FAX)
[e-mail]
www.firerivergold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

[kaliho]

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 13, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(FRANKFURT:FWR) ("FAU" or the "Company") is pleased to announce further additional high grade results of 1.8 opt (60.55 g/t) over 13.7 ft (4.2 metres) for the ongoing geological re-evaluation program for the Nixon Fork Gold Mine Project in Alaska. In the years 2007 to 2008, the former operator drilled 9400 metres in 110 holes, the results of which have never been previously disclosed to the public. This release completes the reporting for all 2008 drill holes. A total of 33 drill holes completed in 2008 have been re-logged and sampled with a total meterage of 3244.5. 76 additional drill holes from 2007 have assays pending or are pending QAQC evaluation and will be the subject of future releases.

Please click on the hyperlink to view maps attached to this news release: www.firerivergold.com/s/NewsReleases.asp?ReportID=394570

Because the 2007 and 2008 results were not formerly reported, a careful review of all quality control and quality assurance procedures used by the former operator was initiated. FAU's re-sampling program of drill core from the 2008 drilling at Nixon Fork is essentially a modified field duplicate exercise. The remaining half-cores were fully analyzed except in rare cases where quarter-cores were used.

Sampling of core-duplicates as compared to FAU's pulp-duplicates can produce a high degree of variability in the results due to the "nugget effect" of gold mineralization that occurs at Nixon Fork.

Every effort has been made to replicate the previous sample intervals unless a previous sample crossed a lithological or mineralized boundary. In these cases the new 2010 samples were terminated at such boundaries.

To view Figure 1 - Nixon Fork Mine Crystal Decline 3300 zone, please view the following link:

The differences in lengths of the intervals may account for some of the variability in gold grades. In general, the assays are in good agreement, especially for a comparison of field duplicate samples in a high-grade, coarse gold system.

A graphical comparison of the 2010 assays vs. the old data is shown on Figure 1, a plan map of the 270 level in the Crystal decline. This area is an un-mined part of the 3300 zone and includes numerous 2008 drill holes. Gold-bearing mineralization is developed along the contact of a quartz monzonite stock (intrusion). High grade zones typically followed near vertical pipe-like to broadly tabular forms.

Re-logging and sampling of the historic core is of critical importance to understanding the controls of gold mineralization as well as gaining confidence in the high grades. The differences in grades shown are typical of high grade, gold deposits with a significant nugget distribution.

Table 1: List of 3 Additional 2008 Drill holes and as well as other in significant intercepts.

-----------------------------------------------------------------------
Au Au
Hole # From To Width (ft) Width (m) (opt) (g/t) Location
-----------------------------------------------------------------------
-----------------------------------------------------------------------
N08U028 15.3 19.5 13.7 4.2 1.8 60.55 3300 Zone
-----------------------------------------------------------------------
N08U030 22.6 24.8 7.2 2.2 1.0 33.93 3300 Zone
-----------------------------------------------------------------------
N08U031 29.4 32.1 8.8 2.7 1.5 52.9 3300 Zone
-----------------------------------------------------------------------
N08U007 91 95 13.1 4 1.8 60.9 3300 Zone
-----------------------------------------------------------------------
N08U011 71.6 76.2 15.0 4.6 4.1 139.97 3300 Zone
-----------------------------------------------------------------------
Including 72.6 73.2 2 0.6 21.4 729 3300 Zone
-----------------------------------------------------------------------
Including 73.20 74.7 4.9 1.5 3.1 106.0 3300 Zone
-----------------------------------------------------------------------
N08U023 12.5 16.9 14.4 4.4 3.5 121.6 3300 Zone
-----------------------------------------------------------------------
N08025 13.6 14.6 3.3 1 2.2 76.1 3300 Zone
-----------------------------------------------------------------------
N08U26 28.7 29.1 1.3 0.4 1.8 60.2 3300 Zone
-----------------------------------------------------------------------
N08U32 82.3 83.4 3.6 1.1 1.7 57.4 3300 Zone
-----------------------------------------------------------------------




For additional details, please refer to FAU's March 23rd and March 31st press releases, reporting the results from the first 30 holes of this program for on the project and the geological re-assessment program, including historic site production, a description of the deposits, additional information on the QA/QC measures, and a description of our planned 2010 exploration drilling program.

Table 2: A Comparison of the Original to Check Assays for the 2008 Drilling.





----------------------------------------- ------------------------------

ORIGINAL ASSAYS CHECK ASSAYS

----------------------------------------- ------------------------------

Hole From To Length Au From To Length Au

Number metres metres metres g/t metres metres metres g/t

----------------------------------------- ------------------------------

Intercept Averages from about 1 to 10 g/t

------------------------------------------

N08U025 14.0 26.6 12.6 8.9 14.0 26.8 12.8 8.6



Intercept Averages from 10 to 30 g/t

------------------------------------

N08U021 26.0 29.0 3.0 18.3 26.8 29.9 3.1 15.6

N08U023 33.7 37.0 3.3 12.9 33.8 37.8 4.0 10.8

N08U024 36.0 38.2 2.2 14.6 36.0 38.1 2.1 8.2

N08U027 14.0 17.8 3.8 11.2 14.0 17.7 3.7 8.1



Intercept Averages greater than 30 g/t

--------------------------------------

N08U023 12.5 16.9 4.4 121.6 12.4 17.3 4.9 74.5

N08U025 14.0 15.0 1.0 54.4 13.6 14.6 1.0 76.1



Intercept Averages greater than 30g/t

-------------------------------------

N08U028 15.3 22.8 7.5 34.04 15.3 19.5 4.2 60.55

N08U030 21.4 24.6 3.1 45.07 22.6 22.8 2.2 44.93

N08U031 29.4 32 2.6 65.4 29.4 32.1 2.7 52.9

----------------------------------------- ------------------------------





The project is being managed by Richard Goodwin, P.Eng, VP Mining for Fire River Gold and is the Qualified Person for this news release.

About Fire River Gold Corp.

Fire River Gold Corp. is a junior exploration/development company focused on advanced stage gold projects in North America. The Company's team of professionals includes dedicated senior management, geologists, engineers, corporate finance, investor relations experts, corporate management, public company administrators and regulatory and government affairs specialists. Fire River's flagship property is the Nixon Fork Gold Mine, located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits. Fire River Gold is a member of the International Metals Group (www.internationalmetalsgroup.com).

On behalf of the Board of Directors

Harry Barr, President & C.E.O.

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.

We seek safe harbour.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy accuracy of this release.

[Hans60]

Hallo Leute,
unterhaltet Euch doch bitte über FIRE RIVER GOLD anstatt ständig diese Texte rein zustellen die man doch überall nachlesen kann.
Ich bin ab heute mit dabei.Finde die Story sehr interessant.

Gruß Hans

[Spitzenrolli]

Hallo,

bin mal mit einer kleinen Anfangsposi dabei.

Wurde das PP schon geclosed?
Habe dazu nichts gefunden....

[kaliho]

Antwort auf Beitrag Nr.: 39.349.977 von Spitzenrolli am 16.04.10 14:05:43

Fire River arranges $2-million private placement

2010-04-16 17:37 ET - News Release

An anonymous director reports

FIRE RIVER GOLD ANNOUNCES $2.0 MILLION NON-BROKERED PRIVATE PLACEMENT

Fire River Gold Corp. has arranged a non-brokered private placement of up to five million units at a purchase price of 40 cents per unit for gross proceeds of up to $2-million. Each unit will consist of one common share in the capital of the company and one-half of one non-transferable share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one common share of the company for a period of 18 months from the date of closing at a price of 60 cents per share.

The proceeds from the private placement will be used for the exploration and development of the Nixon Fork gold mine in Alaska and for general working capital.

A finder's fee may be paid in relation to this financing, in accordance with regulatory policies. The foregoing financing is subject to regulatory approval.

In addition, the company, pursuant to Stockwatch news from Jan. 11, 2010, announcing the engagement of Moody Capital as the company's adviser and listing agent for the company's listing on the OTCQX exchange, the company has issued, for services rendered, a total of 35,000 common shares at a deemed value of 40 cents per share for a total of $14,000 as payment in full.

About Moody Capital Solutions Inc.

Moody Capital Solutions Inc. provides capital formation and merger and acquisition services. The firm offers private equity placement, mezzanine debt, senior debt, registered directs, reverse mergers, alternative public offerings, private investments in public entities and equity private placements services. Additionally, it offers buy-side, corporate sales and divestitures, fairness opinions, going-private transactions, board of directors, strategic alternatives and recapitalization advisory services. The firm's clientele includes Adherex Technologies, Amarillo BioScience, Bodisen BioTech, Celsius Holdings Inc., Clarient Inc., DOR BioPharma, Duska Therapeutics, Forbes Medi-Tech, GeoVax Labs Inc., Hemisphrex BioPharma and Pipex Pharmaceuticals. Moody Capital Solutions Inc. is based in Dawsonville, Ga. with additional offices in Tampa, Fla., and Scottsdale, Ariz.

[Spitzenrolli]

WOW!

Was war denn heute los? Fettes Volumen..

Schön, schön

[Spitzenrolli]

Antwort auf Beitrag Nr.: 39.364.285 von Spitzenrolli am 19.04.10 22:14:03

AHA!



http://www.canadianinsider.com/coReport/allTransactions.php?…

[kaliho]

Apr 20, 2010 09:01 ET
Fire River Gold Announces High Grade Gold Results Nixon Fork Gold Mine, Alaska
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 20, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(FRANKFURT:FWR) -
Significant Previously Undisclosed Results:
0.79 opt (27.12 g/t) Gold over 30.2 ft (9.2 m) in hole N07U024
0.76 opt (26.18 g/t) Gold over 10.8 ft (3.3 m) in hole N07U022
Results pending for 84 additional underground holes
Results pending for 7 additional surface holes
Geological re-assessment work 50% complete; resource update Fall 2010
Fire River Gold Corp. ("FAU" or the "Company") is pleased to announce further additional high grade results of 0.79 opt (27.12 g/t) over 30.2 ft (9.2 metres) for the ongoing re-evaluation program from its 100% owned Nixon Fork Gold Mine Project in Alaska. In the years 2007 to 2008, the former operator drilled 9400 metres in 110 holes, the results of which have never been previously disclosed to the public. This release is the first reporting of relogging and sampling of drill holes completed in 2007. Eighty Four (84) additional drillholes completed underground from 2007 have assays pending or are pending QAQC evaluation and will be the subject of future releases. In addition, seven (7) surface holes are in the process of relogging and sampling.
Because the 2007 and 2008 results were not formerly reported, a careful review of all quality control and quality assurance procedures used by the former operator was initiated. Original check assays from the 2007 drill program were not documented, however it is clear that certified standards were used. In 2008, approximately 50% of the certified standards failed, however most of those standards failed on the low side. The re-sampling by FAU geologists is a check of the original assay results.
FAU's re-sampling program of drill core from the 2007 drilling at Nixon Fork is essentially a modified field duplicate exercise. The remaining half-cores were fully analyzed except in rare cases where quarter-cores were used.
Sampling of core-duplicates as compared to FAU's pulp-duplicates can produce a high degree of variability in the results due to the ʺnugget effectʺ of gold mineralization that occurs at Nixon Fork. This nugget effect was clearly evident in the bonanza grades reported for the 2008 drilling. Every effort has been made to replicate the previous sample intervals unless a previous sample crossed a lithological or mineralized boundary. In these cases the new 2010 samples were terminated at such boundaries.
The differences in lengths of the intervals may account for some of the variability in gold grades. In general, the assays are in conformity, especially for a comparison of field duplicate samples in a high-grade, coarse gold system.
Table 1 illustrates the significant intercepts for drill holes relogged and sampled during this program. All drill holes were completed in the Crystal decline around the 3300 zone around the 220 level.
Table 2 illustrates a comparison of the 2010 reassay field duplicate samples. In general, the results match up very well.
Table 1: List of 5 Drillholes Completed in 2007
Hole From To Length Length Au Au Location
Number (metres) (metres) (metres) (feet) (opt) (gpt)
N07U022 31.00 39.00 8.00 26.25 0.46 15.71 3300 zone
including 31.00 33.00 2.00 6.56 1.45 49.83
N07U022 45.20 48.50 3.30 10.83 0.76 26.18 3300 zone
N07U023 32.00 37.00 5.00 16.40 0.21 7.09 3300 zone
N07U024 36.80 46.00 9.20 30.18 0.79 27.12 3300 zone
N07U028 69.00 82.00 13.00 42.65 0.38 13.02 3300 zone
including 76.00 77.00 1.00 3.28 1.43 48.90
including 80.50 82.00 1.50 4.92 1.46 49.90
Table 2: A Comparison of the Original to Check Assays for the 2007 Drilling
ORIGINAL ASSAYS CHECK ASSAYS
Field Duplicates
Hole From To Length Au From To Length Au
Number (metres) (metres) (metres) (gpt) (metres) (metres) (metres) (gpt)
N07U022 31.00 39.00 8.00 15.71 31.00 37.80 6.80 15.31
including 31.00 33.00 2.00 49.83 31.00 31.70 0.70 68.10
including - - - - 37.00 37.80 0.80 49.60
N07U022 45.20 48.50 3.30 26.18 45.20 48.50 3.30 24.59
N07U023 32.00 37.00 5.00 7.09 32.00 37.00 5.00 27.33
N07U024 36.80 46.00 9.20 27.12 36.80 46.00 9.20 35.36
N07U028 69.00 82.00 13.00 13.02 69.80 82.10 12.30 25.40
including 76.00 77.00 1.00 48.90 69.80 70.40 0.60 347.00
including 80.50 82.00 1.50 49.90 81.20 82.10 0.90 67.60
Relogging and sampling of the historic core is of critical importance to understanding the controls of gold mineralization as well as gaining confidence in the high grades. The differences in grades shown are typical of high grade, gold deposits with a significant nugget distribution.
For additional details, please refer to FAU's March 23rd and March 31st press releases, reporting the results from the first 33 holes of this program for on the project and the geological re-assessment program, including historic site production, a description of the deposits, additional information on the QA/QC measures, and a description of our planned 2010 exploration drilling program.
The Nixon Fork project produced significant bi-product copper and silver. Up to 2007, with the mines closure, copper production was 1,273,066 lbs and silver production was 19,566 ounces from 106,137 tonnes mined. Historic recovered grades are about 0.6% for copper and 0.18 opt for silver.
The project is being managed by Richard Goodwin, P.Eng, VP Mining for Fire River Gold and is the Qualified Person for this news release.
About Fire River Gold Corp.
Fire River Gold Corp. is a junior exploration/development company focused on advanced stage gold projects in North America. The Company's team of professionals includes dedicated senior management, geologists, engineers, corporate finance, investor relations experts, corporate management, public company administrators and regulatory and government affairs specialists. Fire River's flagship property is the Nixon Fork Gold Mine, located within Alaska's Tintina Gold Belt, host to numerous world class deposits. Fire River Gold is a member of the International Metals Group (www.internationalmetalsgroup.com).
On behalf of the Board of Directors

Harry Barr
President & C.E.O.
Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
We seek safe harbour.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact
Fire River Gold Corp.
Investor Relations
[phone]
[phone] (FAX)
or
Fire River Gold Corp.
2303 West 41st Avenue, Vancouver, B.C., Canada, V6M 2A3
[e-mail]
www.firerivergold.com

[ooy]

Antwort auf Beitrag Nr.: 39.367.704 von Spitzenrolli am 20.04.10 14:57:25

...und wer hat die Pakete uebernommen??

[Spitzenrolli]

Antwort auf Beitrag Nr.: 39.369.686 von ooy am 20.04.10 18:43:33

Keine Ahnung!

Auf jeden Fall scheinen "Sie" noch nicht fertig zu sein, ansonsten kann ich mir nicht erklären, warum der Kurs nach den guten News wieder zurück gekommen ist. Zumindest wurde das GAP wieder geschlossen. Wir werden dennoch viel Freude haben, es stehen ja noch einige Löcher aus.

[D_Rockford]

Fire River Gold Announces 2.28 opt (78.03 g/t) Gold Over 15.8 ft (4.8 m), Nixon Fork Gold Mine, Alaska
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 26, 2010) -
2.28 opt (78.03 g/t) Gold over 15.8 ft (4.8 m) in hole N07U050
including 4.66 opt (159.71 g/t) over 5.9 ft (1.8 m)
1.47 opt (50.28 g/t) Gold over 16.5 ft (4.0 m) in hole N07U052
Results pending for 80 additional underground holes
Results pending for 7 additional surface holes
Geological re-assessment work 55% complete; resource update Fall 2010
Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(FRANKFURT:FWR) ("FAU" or the "Company") is pleased to announce additional high grade results 2.28 opt (78.03 g/t) gold over 15.8 ft (4.8 m) 4.66 opt including (159.71 g/t) over 5.9 ft (1.8 m) from the ongoing re-evaluation program on its 100% owned Nixon Fork Gold Mine Project in Alaska. In the years 2007 to 2008, the former operator drilled 9400 metres in 110 holes, the results of which have never been previously disclosed to the public. This release is the second reporting of relogging and sampling of drill holes completed in 2007. Eighty (80) additional drillholes completed underground from 2007 have assays pending or are pending QAQC evaluation and will be the subject of future releases. In addition, seven (7) surface holes are in the process of relogging and sampling.
Because the 2007 and 2008 results were not formerly reported, a careful review was initiated by Fire River of all quality control and quality assurance procedures used by the former operator. Although original check assays from the 2007 drill program were not documented, it is clear, however, that certified standards were used. The re-sampling program of the 2007 drill core is essentially a modified field duplicate exercise of the original assay results.
The re-sampling of the remaining half‐cores, were fully analyzed except in rare cases where quarter‐cores were used. Sampling of core‐duplicates as compared to FAU's pulp‐duplicates can produce a high degree of variability in the results due to the "nugget effect" of gold mineralization that occurs at Nixon Fork. This nugget effect was clearly evident in the bonanza grades reported for the 2008 drilling.
Every effort has been made to replicate the previous sample intervals except when a previous sample crossed a lithological or mineralized boundary. In these cases the new 2010 samples were terminated at such boundaries.
The differences in lengths of the intervals may account for some of the variability in gold grades. In general, the assays are in conformity, especially for a comparison of field duplicate samples in a high‐grade, coarse gold system.
Table 1 illustrates the most recent significant intercepts for drill holes relogged and sampled during this program. These drill holes were completed in the Crystal decline around the 3300 zone near the 220 ft level.
Table 2 illustrates a comparison of the 2010 reassay field duplicate samples. In general, the results match up very well.
Table 1: List of 3 Drillholes Completed in 2007
Hole From To Length Length Au Au Location
Number (metres) (metres) (feet) (metres) (opt) (gpt)
N07U050 4.00 8.80 15.75 4.80 2.28 78.03 3300 zone
including 7.00 8.80 5.91 1.80 4.66 159.71
N07U051 4.50 5.50 3.28 1.00 0.35 11.98 3300 zone
N07U052 3.50 6.50 9.84 3.00 0.29 10.06 3300 zone
N07U052 12.50 16.50 13.12 4.00 1.47 50.28 3300 zone
including 13.80 14.80 3.28 1.00 2.21 75.88
including 14.80 16.00 3.94 1.20 2.13 73.00
including 16.00 16.50 1.64 0.50 1.74 59.63

Table 2: A Comparison of the Original to Check Assays for the 2007 Drilling
ORIGINAL ASSAYS CHECK ASSAYS
Field Duplicates
Hole From To Length Au From To Length Au
Number (metres) (metres) (metres) (gpt) (metres) (metres) (metres) (gpt)
N07U050 4.00 8.80 4.80 78.03 4.30 8.80 4.50 82.30
including 7.00 8.80 1.80 159.71 6.40 8.80 2.40 144.54
N07U051 4.50 5.50 1.00 11.98 5.80 7.20 1.40 7.52
N07U052 12.50 16.50 4.00 50.28 12.50 16.50 4.00 57.65
including 13.80 14.80 1.00 75.88 13.80 14.80 1.00 127.00
including 14.80 16.00 1.20 73.00
including 16.00 16.50 0.50 59.63
Relogging and sampling of the historic core is of critical importance to understanding the controls of gold mineralization as well as gaining confidence in the high grades. The differences in grades shown are typical of high grade, gold deposits with a significant nugget distribution.
For additional details, please refer to FAU's April 20th March 23rd and March 31st press releases, which includes the results from the first 33 holes, the geological re-assessment program, historic site production, a description of the deposits, additional information on the QA/QC measures and a description of our planned 2010 exploration drilling program.
The Nixon Fork project produced significant bi-product copper and silver. Until the closure of the mine in 2007, reported copper production was 1,273,066 lbs and silver production was 19,566 ounces from 106,137 tonnes mined. Historic recovered grades are about 0.6% for copper and 0.18 opt for silver.
The project is being managed by Richard Goodwin, P.Eng, VP Mining for Fire River Gold and is the Qualified Person for this news release.

[dontoto]

Wow,

also ich finde das Unternehmen sehr interessant und bin gespannt auf die weitere Entwicklung.

Anbei mal ein Interview, welches noch nicht eingestellt wurde. Datiert vom 04.05.2010

Dienstag, 4. Mai 2010, um 10:24

Stuttgart (www.rohstoffe-go.de [Link 1]) Fire River Gold ist ein angehender Goldproduzent, der im Frühling 2010 auf der Nixon Fork Goldmine wieder der Produktion aufnehmen möchte. Geplant ist ein Start noch dieses Jahr mit dem Abbau der Abraumhalden. Jochen Staiger befragte hierzu und zu den weiteren Arbeiten auf der Mine den zuständigen Vizepräsidenten Bergbau und Minenbetrieb Richard Goodwin während seines Besuchs auf dem Denver Gold Forum letzte Woche in Zürich.

RG: Herr Goodwin geben Sie uns doch kurz ein paar Informationen zur Situation Ihrer Gesellschaft.

R.G.: Wir sind ein angehender Goldproduzent aus Alaska und besitzen zu 100% die Nixon Fork Goldmine, was auch unser Hauptprojekt ist. Das klare Ziel ist zunächst die Tailings also die Abraumhalden zu verarbeiten, um dann im Frühjahr 2010 in die volle Produktion auf Nixon Fork einzusteigen.

RG: Brauchen Sie dazu noch finanzielle Mittel, wie weit ist die Mine schon fertig gestellt und wie sieht Ihre finanzielle Lage aus? Was kann man aus dem Abbau der Abraumhalden erwarten?

R.G: Um die Abraumhalden zu verarbeiten brauchen wir ca. 4 Mio. CAD (Mailand: CAD.MI - Nachrichten) , die wir uns mittels einer kurzfristigen Finanzierung oder auch eines kleinen Goldkredits beschaffen werden. Nach unseren Untersuchungen bergen die Abraumhalden ca. 35.000 - 40.000 Unzen Gold mit Gehalten von 7,6 Gr./To. Gestein Gold. Wir haben 163.000 Tonnen Abraum vor der Tür liegen und könnten diese mit einer Wiedergewinnungsrate von 83% verarbeiten. Die Verarbeitung würde nur rund 200 USD pro Tonne Gestein kosten und wäre somit hochprofitabel. Vorsichtig geschätzt dürften wir je nach Finanzierungsart mit einem Cashflow von 25 Mio. USD rechnen einen Goldpreis von über 1.000 USD/Unze unterstellt.

RG: Das hört sich ja relativ einfach an, jedoch brauchen Sie dazu die Anschubfinanzierung. Wie sieht es damit aus und was werden Sie mit dem erhofften Cashflow aus der Abraumverarbeitung anstellen?

R.G.: Da wir alles untersucht und berechnet haben, ist es wirklich schnell und einfach zu bewerkstelligen. Die Anschubfinanzierung wird bereits verhandelt, sodass wir guter Dinge sind im August/September 2010 mit der Verarbeitung beginnen zu können. Die generierten Mittel werden wir dann direkt in die restliche Ausrüstung und weitere Exploration der Nixon Fork Mine stecken, da wir noch ein paar Ausrüstungsteile ersetzen müssen. Sonst aber steht die Mine inklusive der Mühlenanlage fertig da und ist zum Start bereit.

RG: Geben Sie uns doch ein paar Angaben zum Betrieb der Mine, Anlagen, Kosten etc.?

R.G.: Wir werden am Anfang mit ca. 500 USD/Unze Gesamtkosten rechnen können. Diese werden dann aber weiter fallen, da wir die Mine mit einem Mix von tief- und sehr hochgradigem Gestein fahren werden, sodass wir durchschnittlich bei ca. 1 Unze pro verarbeiteter Tonne Gestein liegen werden. In der Vergangenheit wurde hier schon mit 42 Gr./To. Gold gearbeitet. Unsere letzten Bohrergebnisse bestätigen dies voll mit Ausreisseren nach oben bis auf über 103 Gr./To. Gold.

Unser Dieselbedarf liegt bei ca. 350.000 Gallonen im Jahr und kommt per Flugzeug. Die Kosten liegen bei 5 USD pro Gallone (3,84 Liter). Da der Markt im Wettbewerb steht, sehen wir hier keine Kostensteigerungen auf uns zukommen. Ein Abbau ist das ganze Jahr möglich. Zusätzlich haben wir Lagerkapazitäten von ca. 80 Tagen, um uns gegen Wetterprobleme abzusichern. Der Transport erfolgt ausschließlich per Flugzeug, das heißt Treibstoff rein Konzentrat und Barren wieder raus. Die Produktion auf der Mine wird mit ca. 97% Wiedergewinnung arbeiten können.

RG: Wie verhält es sich mit dem zukünftigen Explorations- / Produktionspotenzial bzw. den längerfristigen Aussichten?

R.G.: Wir haben bisher eine Ressource von 250.000 Unzen Gold identifiziert inklusive der Abraumhalden. Die untersuchten Formationen beginnen kurz unter der Oberfläche und sind weiter in die Tiefe offen. Um weiter in die Tiefe vorzustoßen, muss lediglich Brackwasser abgepumpt werden. Die Genehmigungen dafür sind beantragt und werden bis Ende 2011 vorliegen. Früher hatten wir 300 verschiedene Gesteinstypen, die es nahezu unmöglich machten ein geologisches Modell zu entwickeln. Durch unser intensives Bohrprogramm konnten wir die Anzahl auf 30 eingrenzen und haben bald ein komplettes Modell vorliegen.

Das Gesamtpotenzial unseres Geländes, das noch erweiterbar ist, schätzen wir auf über 1 Million Unzen Gold. Zum Produktionsbeginn haben wir eine Lebenserwartung der Mine von 5 Jahren. Durch den Minenbetrieb brauchen wir kaum noch aufwendige Explorationen, da wir durch den Abbau Exploration und die Generierung von Cashflow gleichzeitig betreiben. Durch die Verbindung der beiden bisherigen Portale können wir die Minen zusammenschließen und das verbindende Gestein mit einbeziehen.

Unsere weiteren Untersuchungen ergaben den möglichen Bau von bis zu 3 weiteren Minen. Dies ist sehr leicht zu bewerkstelligen, da man lediglich jeweils ein Portal bauen muss und sich dann in die Tiefe vorarbeitet. Der Straßenbau zum Transport in die Mühle ist aufgrund der einfachen Topographie kein Problem. Finanzieren lässt sich dies aus dem Cashflow der Nixon Fork Mine. Weitere Landkäufe sind jederzeit möglich mittels Landpacht, Lizenzen oder Kauf. Wenn wir Nixon Fork gestartet haben, etablieren wir ein Cashflowmodell um das Vorkommen auszubeuten und unsere Aktionäre daran teilhaben zu lassen. Ein großer Vorteil für uns sind die nicht vorhandenen Währungsrisiken. Unsere Kosten entstehen in USD und die Erlöse durch den Goldverkauf erhalten wir in USD.

Die hier angebotenen Artikel stellen keine Kauf- bzw. Verkaufsempfehlungen dar, weder explizit noch implizit sind sie als Zusicherung etwaiger Kursentwicklungen zu verstehen und ROHSTOFFE-GO.de und seine Autoren schließen jede Haftung diesbezüglich aus. Die Artikel und Berichte dienen ausschließlich der Information der Leser und stellen keine wie immer geartete Handlungsaufforderung dar. Zwischen ROHSTOFFE-GO.de und den Lesern dieser Artikel entsteht keinerlei Vertrags- und/oder Beratungsverhältnis.

Quelle: Emfis

[kaliho]

Fire River Gold Announces 3.7 opt (128 g/t) Gold Over 16.7 ft (5.1 m), Nixon Fork Gold Mine, Alaska
Fire River Gold Corp. FAU
5/5/2010 9:02:54 AM
VANCOUVER, BRITISH COLUMBIA, May 05, 2010 (MARKETWIRE via COMTEX News Network) --
Fire River Gold Corp. (TSX VENTURE: FAU)(OTCQX: FVGCF)(FRANKFURT: FWR) -

-- 3.7 opt (128 g/t) gold over 16.7 ft (5.1 m) in hole N07U048
-- including 6.7 opt (231 g/t) gold over 1.6 ft (0.5 m)
-- including 7.7 opt (264 g/t) gold over 4.9 ft (1.5 m)
-- 2.2 opt (77 g/t) gold over 4.6 ft (1.4 m) in hole N07U047
-- Results pending for 76 additional underground holes
-- Results pending for 7 additional surface holes
-- Geological re-assessment work 50% complete; resource update Fall 2010

Fire River Gold Corp. ("FAU" or the "Company") continues to announce high grade assay results from the ongoing re-evaluation program from its 100% owned Nixon Fork Gold Mine Project in Alaska. The Company has received assay results from four holes with hole N07U048 returning a bonanza grade intercept of 3.7 opt gold (128 g/t Au) over 16.7 ft (5.1 metres) including 6.7 opt (231 g/t) Au over 1.6 ft (0.5 metres) and including 7.7 opt gold (264 g/t) Au over 4.9 ft (1.5 m) as part of the ongoing geological re-evaluation program for the Nixon Fork Gold Mine Project in Alaska.
In the years 2007 to 2008, the former operator drilled 9400 metres in 110 holes, the results of which have never been previously disclosed to the public. This release is the second reporting of relogging and sampling of drill holes completed in 2007. An additional 83 drill holes from 2007 have assays pending or are pending QAQC evaluation and will be the subject of future releases.
Because the 2007 and 2008 results were not formerly reported, a careful review was initiated by Fire River of all quality control and quality assurance procedures used by the former operator. Although original check assays from the 2007 drill program were not documented, it is clear, however, that certified standards were used. The re-sampling program of the 2007 drill core is essentially a modified field duplicate exercise of the original assay results.
The re-sampling of the remaining half-cores, were fully analyzed except in rare cases where quarter-cores were used. Sampling of core-duplicates as compared to FAU's pulp-duplicates can produce a high degree of variability in the results due to the "nugget effect" of gold mineralization that occurs at Nixon Fork. This nugget effect was clearly evident in the bonanza grades reported for the 2008 drilling.
Table 1 illustrates the most recent significant intercepts for drill holes relogged and sampled during this program. These drill holes were completed in the Crystal decline around the 3300 zone near the 220 ft level. Most of the drill program completed in 2007 was designed to test projections of known mineralized zones, such as the 3300 zone with modest step-outs down and up dip as well as along strike. Step-outs ranged from 10 to more than 40 metres from known zones.
Table 2 illustrates a comparison of the 2010 reassay field duplicate samples. In general, the results match up very well.

Table 1: List of 10 Drill holes completed in 2007.
----------------------------------------------------------------------------
Hole From To Length Length Au Au Location
----------------------------------------------------------------------------
Number (metres) (metres) (feet) (metres) (opt) (gpt)
----------------------------------------------------------------------------
N07U047 22.6 24.2 5.3 1.6 1.9 65 3300 zone
----------------------------------------------------------------------------
N07U048 12.7 18 17.4 5.3 2.9 99 3300 zone
----------------------------------------------------------------------------
including 16.5 18 4.9 1.5 7.6 261
----------------------------------------------------------------------------
N07U020 30 32 6.6 2.0 0.01 0.4 3300 zone
----------------------------------------------------------------------------
N07U042 54.6 55.9 4.3 1.3 0.98 31 3300 zone
----------------------------------------------------------------------------
Table 2: A Comparison of the Original to Check Assays for the 2008 Drilling.
-------------------------------------------- -------------------------------
ORIGINAL ASSAYS CHECK ASSAYS
-------------------------------
Field Duplicates
-------------------------------------------- -------------------------------
Hole From To Length Au From To Length Au
Number (metres)(metres)(metres) (gpt) (metres) (metre)(metres) (gpt)
-------------------------------------------- -------------------------------
N07U047 22.6 24.2 1.6 65 22.7 24.1 1.4 77
N07U048 12.7 18 5.3 99.4 12.9 18 5.1 128
including 16.5 18 1.5 260.8 12.9 13.4 0.5 231
including 16.5 18 1.5 264
N07U020 30 32 2 13.90 30.00 32 2 8.5
N07U042 54.6 55.9 1.3 30.70 54.90 55.9 1 18.6

Every effort has been made to replicate the previous sample intervals except when a previous sample crossed a lithological or mineralized boundary. In these cases the new 2010 samples were terminated at such boundaries.
The differences in lengths of the intervals may account for some of the variability in gold grades. In general, the assays are in conformity, especially for a comparison of field duplicate samples in a high-grade, coarse gold system.
Relogging and sampling of the historic core is of critical importance to understanding the controls of gold mineralization as well as gaining confidence in the high grades. The differences in grades shown are typical of high grade, gold deposits with a significant nugget distribution.
For additional details, please refer to FAU's April 20th, March 23rd and March 31st press releases, which include the results from the first 33 holes, the geological re-assessment program, historic site production, a description of the deposits, additional information on the QA/QC measures and a description of our planned 2010 exploration drilling program.
The Nixon Fork project produced significant bi-product copper and silver. Until the closure of the mine in 2007, reported copper production was 1.27 million lbs and silver production was 19,566 ounces from 106,137 tonnes mined. Historic recovered grades are about 0.6% for copper and 0.18 opt for silver.
The project is being managed by Richard Goodwin, P.Eng, VP Mining for Fire River Gold and is the Qualified Person for this news release.

[dontoto]

Klasse Ergebnisse!

Alleine die Tatsache, dass man mit einer Finanzierung von 4 Million Dollar bis zu 25 Million Dollar refinanzieren kann ist schon der Wahnsinn.

Vor allem bei den steigenden Goldpreisen. Würde alleine nach Abzügen mindestens 50 Cent für den Aktienkurs bedeuten!!!

Ich bin auf die weiteren Updates gespannt!

[dontoto]

Hier kommt das nächste Update zu Fire River Gold

Fire River Gold Corp.

TSX VENTURE: FAU
OTCQX: FVGCF
FRANKFURT: FWR
Fire River Gold Corp.
May 13, 2010 09:16 ET
Fire River Gold Announces 1.4 Opt (47 g/t) Gold Over 13 Ft (4 m) Nixon Fork Gold Mine, Alaska

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 13, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(FRANKFURT:FWR)

* 1.4 opt (47 g/t) gold over 13 ft (4 m) in hole N07U033
* 0.83 opt (28.5 g/t) gold over 15.5 ft (4.7 m) in hole N07U037
* Results pending for 79 additional holes
* Geological re-assessment work 45% complete; resource update Fall 2010

Fire River Gold Corp. ("FAU" or the "Company") continues to announce high grade assay results from the ongoing re-evaluation program from its 100% owned Nixon Fork Gold Mine Project in Alaska. The Company has received assay results from three holes with hole N07U033 returning a high grade intercept of 1.4 opt (47 g/t) gold over 13 ft (4 metres) and hole N07U037 returning 0.83 opt (28.5 g/t) gold over 15.5 ft (4.7 metres) and hole as part of the ongoing geological re‐evaluation program for the Nixon Fork Gold Mine Project in Alaska.

In the years 2007 to 2008, the former operator drilled 9400 metres in 110 holes, the results of which have never been previously disclosed to the public. This release is the second reporting of relogging and sampling of drill holes completed in 2007. An additional 79 drill holes from 2007 have assays pending or are pending QAQC evaluation and will be the subject of future releases.

Because the 2007 and 2008 results were not formerly reported, a careful review was initiated by FAU of all quality control and quality assurance procedures used by the former operator. Although original check assays from the 2007 drill program were not documented, it is clear, however, that certified standards were used. The re-sampling program of the 2007 drill core is essentially a modified field duplicate exercise of the original assay results.

The re-sampling of the remaining half‐cores, were fully analyzed except in rare cases where quarter‐cores were used. Sampling of core‐duplicates as compared to FAU's pulp‐duplicates can produce a high degree of variability in the results due to the ʺnugget effectʺ of gold mineralization that occurs at Nixon Fork. This nugget effect was clearly evident in the bonanza grades reported for the 2008 drilling.

Table 1 illustrates the most recent significant intercepts for drill holes relogged and sampled during this program. These drill holes were completed in the Crystal decline around the 3300 zone near the 220 ft level. Most of the drill program completed in 2007 was designed to test projections of known mineralized zones, such as the 3300 zone with modest step-outs down and up dip as well as along strike. Step-outs ranged from 7.5 metres to more than 40 metres from known zones.

Table 2 illustrates a comparison of the 2010 reassay field duplicate samples. In general, the results match up very well.

Table 1: Best Results Released To Date
Hole # Grade (g/t) Thickness (m) Gram – meters
N07U048 128 5.1 653
N08U011 140 4.6 644
N08U023 122 4.4 537
N07U050 78 4.8 374
N08U028 61 4.2 256
N07U052 50 5.0 251
N07U024 27 9.2 248
N08U007 61 4.0 244
N07U033 46 3.9 183
N08U017 41 3.8 156
N08U031 53 2.7 143
N08U037 29 4.7 139
N07U047 77 1.4 108

Table 2: A Comparison of the Original to Check Assays for the 2007 Drilling.
ORIGINAL ASSAYS CHECK ASSAYS
Field Duplicates
Hole From To Length Au From To Length Au
Number (metres) (metres) (metres) (gpt) (metres) (metre) (metres) (gpt)
N07U047 22.6 24.2 1.6 65 22.7 24.1 1.4 77
N07U048 12.7 18 5.3 99.4 12.9 18 5.1 128
including 16.5 18 1.5 260.8 12.9 13.4 0.5 231
including 16.5 18 1.5 264
N07U020 30 32 2 0.39 30 32 2 8.5
N07U042 54.6 55.9 1.3 30.7 54.9 55.9 1 18.6
N07U033 56.6 60.5 3.9 47 58.5 62.5 4 13.6
N07U037 51 55.7 4.7 28.5 51 55.7 4.7 40.9
N07U018 41 46 5 13.9 41 46 5 5.5


Every effort has been made to replicate the previous sample intervals except when a previous sample crossed a lithological or mineralized boundary. In these cases the new 2010 samples were terminated at such boundaries.

The differences in lengths of the intervals may account for some of the variability in gold grades. In general, the assays are in conformity, especially for a comparison of field duplicate samples in a high‐grade, coarse gold system.

Re-logging and sampling of the historic core is of critical importance to understanding the controls of gold mineralization as well as gaining confidence in the high grades. The differences in grades shown are typical of high grade, gold deposits with a significant nugget distribution.

For additional details, please refer to FAU's May 5th, April 20th, March 23rd and March 31st press releases, which include the results from the first 33 holes, the geological re-assessment program, historic site production, a description of the deposits, additional information on the QA/QC measures and a description of our planned 2010 exploration drilling program.

The Nixon Fork Gold Mine produced significant bi-product copper and silver. Until the closure of the mine in 2007, reported copper production was 1.27 million lbs and silver production was 19,566 ounces from 106,137 tonnes mined. Historic recovered grades are about 0.6% for copper and 0.18 opt for silver.

The project is being managed by Richard Goodwin, P.Eng, VP Mining for Fire River Gold and is the Qualified Person for this news release.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with a superior technical team focused on bringing its flagship project: the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded gold mine with past production values averaging 1.4 opt (42 gpt). Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits. Fire River Gold is a member of the International Metals Group (www.internationalmetalsgroup.com).

On behalf of the Board of Directors

Harry Barr

President & C.E.O.

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. We seek safe harbour.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy accuracy of this release.

For more information, please contact
Fire River Gold Corp.
Investor Relations
[phone]
[phone] (FAX)
or
Fire River Gold Corp.
2303 West 41st Avenue, Vancouver, B.C., Canada, V6M 2A3
[e-mail]
www.firerivergold.com
Click here to see all recent news from this company

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Quelle: Marketwire

[dontoto]

News vom 17. Mai.

Es geht mit großen Schritten weiter. Die Company macht Ankündigungen und erfüllt diese sehr schnell. Das gefällt mir wirklich gut. Durch die Privatplatzierung hat das Unternehmen jetzt die Möglichkeit die bereits vom Vorgänger abgebauten 150 Mio Tonnen Gestein mit einem Goldgehalt von 7-9 g/T zu vearbeiten. Das Unternehmen rechnet da mit ca. 30.000 Unzen Gold und kurzfristigen Cashflow.


Fire River Gold Closes First Tranche of Financing For Proceeds of $3,625,500
view PDF
May 17, 2010. Vancouver, Canada -- Fire River Gold Corp. (TSX.V: FAU; OTCQX: FVGCF; FSE: FWR) (the "Company") wishes to announce that further to its news release of May 4, 2010, and April 16, 2010, the Company has now completed its first tranche of its non-brokered private placement and accordingly has issued a total of 9,063,750 units (the "Units") at a price of $0.40 per Unit for gross proceeds of $3,625,500. Each Unit consists of one common share and one-half of one non-transferable share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share at a purchase price of $0.60 for a period of 18 months. In connection with this closing of the first tranche of this financing, the Company has paid a total finder's fee consisting of an aggregate of $130,675 in cash. The securities issued in connection with this closing are subject to a hold period that expires on September 12, 2010.

The funds from the private placement will be used for the exploration and development of the Nixon Fork Gold Mine in Alaska, and for general corporate purposes.

About Fire River Gold Corp.
Fire River Gold Corp. is a near term production company with a superior technical team focused on bringing its flagship project: the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded gold mine with past production values averaging 1.4 opt (42 gpt). Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits. Fire River Gold is a member of the International Metals Group (www.internationalmetalsgroup.com).


On behalf of Board of Directors,

"Harry Barr"

Harry Barr
President & CEO

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not Pink OTC Markets Inc. are solely responsible for the accuracy of such news releases.

[sago77]

Teil der Meldung vom 17.05.2010 auf Deutsch

N07U024 sieht sehr gut aus!

DJ IRW-PRESS: Fire River Gold: Fire River Gold verkündet hochgradige Bohrergebnisse



Fire River Gold verkündet hochgradige Bohrergebnisse

NIXON FORK GOLD MINE, ALASKA

* Signifikante, bisher unveröffentlichte, Bohrergebnisse:

* 0,79 opt (27,12 g/t) Gold über 30,2 ft (9,2 m) in Bohrloch N07U024

* 0,76 opt (26,18 g/t) Gold über 10,8 ft (3,3 m) in Bohrloch N07U022

* Ausstehende Bohrergebnisse für 84 weitere Untertagebau Bohrlöcher

* Ausstehende Bohrergebnisse für 7 weitere Übertagebau Bohrlöcher

* Geologische Überprüfung zu 50% abgeschlossen; Resourcenupdate im Herbst 2010 erwartet

Vancouver, Canada - Fire River Gold Corp. (TSX-V: FAU, OTCQX: FVGCF, FSE: FWR, ISIN: CA31811Q1063) (FAU oder die Gesellschaft") kann weitere hochgradige Bohrergebnisse vermelden, u.a. 0,79 opt (27,12 g/t) über 30,2 ft (9,2 m). Dies betrifft das derzeitige geologische Neubewertungsprogramm bzgl. des Nixon Fork Gold Minenprojekts in Alaska, das im 100% Eigentum von FAU steht.

In den Jahren 2007 und 2008 hat der damalige Minenbetreiber Bohrungen von 9.400 m in 110 Löchern betrieben. Die Ergebnisse hierzu werden jedoch nicht veröffentlicht. Diese Nachrichtenmeldung ist die erste Veröffentlichung der neuen Protokollierung und Stichprobe der Bohrlöcher aus 2007. Vierundachzig (84) weitere Untertagebau-Bohrlöcher aus 2007 werden derzeit verprobt oder unterliegen noch einer QAQC Bewertung und werden in weiteren Pressemeldungen veröffentlicht. Zusätzlich sind weitere sieben (7) Übertagebau Bohrlöcher im Überprüfungs- und Verprobungsprozess.

Da die Ergebnisse aus 2007 und 2008 noch nicht veröffentlicht wurden, wurde eine kritische Überprüfung aller qualitativer Kontroll- und Sicherheitskontrollen, die der ehemalige Betreiber nutzte, angestoßen. Die Originalproben aus 2007 wurden nicht in 2007 nicht dokumentiert. Es ist jedoch ersichtlich, dass zertifizierte Standards genutzt wurden. In 2008 wurden etwa 50% der zertifizierten Standards nicht eingehalten. Die meisten der Standards scheiterten jedoch aus unwesentlichen Gründen. Die neue Erprobung die FAU´s Geologen ist eine Überprüfung der originalen Probeergebnissen.

FAU´s aktuelles Stichproben-Verfahren der Bohrkerne aus den 2008er Bohrungen auf Nixon Fork ist im Wesentlichen eine angepasste Kopie der damaligen Prozesse. Die verbliebenen halben Bohrkerne wurden vollständig analysiert. In seltenen Fällen wurden dabei jedoch nur Viertel der Bohrkerne genutzt.

Die Stichprobenprüfung der Kern-Duplikate kann im Vergleich zu FAU´s Mahl-Duplikaten eine hohe Streuung der Ergebnisse bewirken. Dies liegt u.a. am Nugget Effekt" der Goldmineralisierung auf Nixon Fork. Dieser Nuggeteffekt lag ersichtlich in den wesentlichen Goldgraden des 2008er Bohrprogramms vor.

Es wurden hohe Anstrengungen unternommen, um die damaligen Stichprobenintervalle zu wiederholen, außer, eine damalige Stichprobe enthielt eine lithologische oder mineralische Grenzfläche. In diesen Fällen wurden die neuen 2010er Stichproben an diesen Grenzflächen abgeschnitten.

Die unterschiedlichen Längen der Intervalle können auf unterschiedlichen Goldgraden beruhen. Im Allgemeinen sind die Proben übereinstimmend, besonders für einen Vergleich der Stichproben in einer gedoppelten Feldstudie eines hochgradigen und groben Goldsystems.

Unter folgendem Link finden Sie die Tabellen mit den Ergebnissen: http://www.irw-press.com/dokumente/FireRiverGoldTabelle.pdf

Die neue Protokollierung und Stichprobenauswahl der alten Bohrkerne von extremer Wichtigkeit um die Struktur der Goldmineralisierung zu verstehen und auch eine steigende

Überzeugung in die Hochgrade zu gewinnen. Die Abweichungen der Grade ist typisch für hochgradige Goldlager mit einer signifikanten Nugget Verteilung.

Für weitere Informationen verweisen wir auf die Pressemeldungen der Gesellschaft vom 23. und 31. März 2010, die die Ergebnisse der ersten 33 Bohrlöcher des Bohrprogramms sowie das geologische Programm zur Überprüfung, einschließlich der historischen Produktion, einer Beschreibung der Lager, weiteren Informationen zu QA/QC und einer Beschreibung des geplanten 2010er Bohrprogramms beinhalten.

Das Nixon Fork Projekt beinhaltet als signifikante Nebenprodukte Kupfer und Silber. Bis zur Minenschließung in 2007 betrug die Kupferproduktion 1.273.066 Pfund und die Silberproduktion 19.566 Unzen aus 106.137 t Gestein. Historische Gewinnungsgrade liegen bei etwa 0,6 % für Kupfer und 0,18 opt für Silber.

Das Projekt wird geführt von Richard Goodwin, P.Eng, VP Mining und ist die Qualified Person" für diese Pressemitteilung

[sago77]

vom Gold Chart in USD scheint auch noch alles i.O. zu sein:

Im Idealfall verteidigt Gold die Zone 1.200 bis 1.185 US-Dollar. Wichtige Unterstützungen finden sich zudem im Bereich 1.165 US-Dollar bzw. 1.145 US-Dollar. Goldpreise unterhalb der 1.145er Marke erwarten wir kurzfristig nicht.

Quelle Rohstoff Journal 19.05.2010

[dontoto]

Nächste Update bei dem vielversprechenden Explorer:

May 26, 2010. Vancouver, Canada -- Fire River Gold Corp. (TSX.V: FAU; OTCQX: FVGCF; FSE: FWR) (the "Company") wishes to announce that further to its news release dated May 4, 2010, the current non-brokered private placement has been oversubscribed and the Company now plans to issue an additional 582,250 units at a price of $0.40 per common share to raise $232,900 subject to regulatory approval. All other information from the news release dated April 16, 2010 remains the same.

The funds from the private placement will be used for the exploration and development of the Nixon Fork Gold Mine in Alaska, and for general corporate purposes.

About Fire River Gold Corp.
Fire River Gold Corp. is a near term production company with a superior technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded gold mine with past production values averaging 1.4 opt (42 gpt). Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits. Fire River Gold is a member of the International Metals Group
(www.internationalmetalsgroup.com).

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.


"Harry Barr"

Harry Barr
President & CEO

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek safe harbour.

You can view the Previous News Releases item: Mon May 17, 2010, Fire River Gold Closes First Tranche of Financing For Proceeds of $3,625,500


Somit steht das Kapital für die weitere Exploration und die Verarbeitung der noch 170.000 Tonnen Gestein mit einem Goldgehalt von 7-9gramm. Das alleine würde eine Produktion von ca. 30.000 Unzen Gold bei ungefähr 200 USD Kosten pro Unze (!). Da kann sich ja jeder selbst ausrechnen was da für die Company hängenbleiben könnte.

Mir gefällt was hier passiert...

[sago77]

mal schauen was der Kurs nacher an der tsx daraus macht

[kaliho]

Fire River Gold Announces 0.68 opt (23.2 g/t) Gold Over 40.3 ft (12.3 m)
posted on Jun 03, 10 10:00AM (Log in to use the IP Check tool) [?]
Fire River Gold Announces 0.68 opt (23.2 g/t) Gold Over 40.3 ft (12.3 m) Including 2.21 opt (75.8 g/t) Gold Over 9.51 ft (2.9 m) Nixon Fork Gold Mine, Alaska

- 0.68 opt (23.2 g/t) gold over 40.3 ft (12.3 m) in hole N07U046

-- including 2.21 opt (75.8 g/t) gold over 9.51 ft (2.9 m)

- Results pending for 40 additional underground holes and 7 additional surface holes

- Geological re-assessment work complete for 2007 and 2008 drill holes

- Underground mapping and sampling to begin

- Selective re-logging of pre-2007 drill holes

- 2010 drill campaign scheduled to begin late June

- Resource update Fall 2010

VANCOUVER, BRITISH COLUMBIA--(June 3, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(PINK SHEETS:FVGCF)(FRANKFURT:FWR) (ʺFAUʺ or the ʺCompanyʺ) continues to announce high grade assay results from the ongoing re-evaluation program from its 100% owned Nixon Fork Gold Mine Project in Alaska. The Company has received assay results and completed careful review of the first 46 holes completed in 2007 (N07U001 to N07046). New significant intercepts include N07U046 returning grades of 0.68 opt (23.2 g/t) gold over 40.3 ft (12.3 m) including 2.21 opt (75.8 g/t) gold over 9.51 ft (2.9 m) as part of the ongoing geological re-evaluation program for the Nixon Fork Gold Mine Project in Alaska. A complete list of significant intercepts is provided in Table 2 for these 46 drill holes; it includes results of previously reported drill holes.

Table 1: List of Top Previously Unannounced Drill holes completed in 2007.

Hole Number From (metres) To (metres) Length (feet) Length (metres) Au (opt) Au (gpt) Location
N07U021 27.0 32.0 16.4 5.0 0.55 19.0 3300 zone
including 27.0 29.0 6.56 2.0 1.27 43.4
N07U026 37.5 38.5 3.28 1.0 1.45 49.8 3300 zone
N07U046 6.0 18.3 40.3 12.3 0.68 23.2 3300 zone
including 12.0 14.9 9.51 2.9 2.21 75.8
N07U046 22.8 24.1 4.36 1.3 1.52 52.0 3300 zone
During 2007 and 2008, the previous operator completed 9400 metres from mostly underground drill stations in 110 holes. The results for these holes were not reported by that operator and have never been included in a resource assessment of the mine. The geologic evaluation (re-logging) of the 9400 metres is complete.

Table 2. List of Gold intercepts for Drill Holes N07U001 to N07U046.

Hole From To Length Length Au Au Location
Number (metres) (metres) (metres) (feet) (gpt) (opt)
N07U001 to 17 No Significant Intercepts Mineral zones to SW of 3300
N07U018 44.00 46.00 2.00 6.56 31.63 1.01 3300
N07U019 No Significant Intercepts 3300
N07U020 30.00 32.00 2.00 6.56 3.88 0.12 3300
NO7U021 27.00 32.00 5.00 16.39 19.00 0.60 3300
including 27.00 29.00 2.00 6.56 43.40 1.38
N07U022 31.00 39.00 8.00 26.23 15.71 0.50 3300
including 31.00 33.00 2.00 6.56 49.83 1.58 3300
N07U022 45.20 48.50 3.30 10.82 26.17 0.83 3300
N07U023 32.00 37.00 5.00 16.39 7.10 0.23 3300
N07U024 36.80 46.00 9.20 30.16 27.12 0.86 3300
N07U025 No Significant Intercepts adjacent to 3300
N07U026 37.50 38.50 1.00 3.28 49.78 1.58 3300
N07U027 No Significant Intercepts
N07U028 69.00 82.00 13.00 42.62 13.02 0.41 3300
including 76.00 77.00 1.00 3.28 48.90 1.56 3300
including 80.50 82.00 1.50 4.92 49.90 1.59 3300
N07U029 57.00 59.00 2.00 6.56 3.61 0.11 3300
N07U030 to 032 No Significant Intercepts adjacent to 3300
N07U033 56.60 60.50 3.90 12.79 47.00 1.49 3300
N07U034 58.00 59.00 1.00 3.28 8.20 0.26 3300
N07U034 68.00 70.00 2.00 6.56 7.29 0.23 3300
N07U035 97.40 98.00 0.60 1.97 12.63 0.40 3300
N07U036 No Significant Intercepts adjacent to 3300
N07U037 51.00 55.70 4.70 15.41 28.51 0.91 3300
N07U037 60.50 61.60 1.10 3.61 12.48 0.40 3300
N07U038 No Significant Intercepts adjacent to 3300
N07U039 67.00 70.70 3.70 12.13 22.70 0.72 3300
N07U039 72.50 76.30 3.80 12.46 18.86 0.60 3300
N07U040 No Significant Intercepts adjacent to 3300
N07U041 53.30 54.80 1.50 4.92 7.43 0.24 3300
N07U042 54.60 55.90 1.30 4.26 30.70 0.98 3300
N07U043 No Significant Intercepts adjacent to 3300
N07U044 58.50 63.50 4.60 15.08 9.11 0.29 3300
N07U045 No Significant Intercepts adjacent to 3300
N07U046 6.00 18.3 12.30 40.3 23.2 0.74 3300
including 12.00 14.9 2.90 9.5 75.8 2.41 3300
N07U046 22.80 24.10 1.30 4.26 52.00 1.65 3300
Figure 1 is a cross section through the 3300 gold zone in the Crystal decline. This zone as well as extensions of potential new zones to the south was the focus of much of the underground drilling for 2007. The 3300 zone is a pipe-like in shape and varies in diameter from a minimum of 3 metres to as much as 40 metres.

Underground drilling is typically completed in 'fan-like' arrays of drill holes show in Figure 2. These fans define the limits of the high grade zones in the 3300. Most of the drilling in 2007 was completed between the 280 and 200 levels of the Crystal decline.

Relogging and sampling of the 2007 and 2008 drill core has been completed. Geologic work will now focus on selected zones from the pre-2007 core library, particularly in areas of favorable targets and mineralization. Work will also begin on a new resource estimate scheduled for completion by Fall of 2010.

To view Figure 1. Cross-section through the 3300 gold zone in the Crystal decline, Nixon Fork, please visit the following link: http://media3.marketwire.com/docs/fau_fig_1.pdf

Other near term tasks to begin in June will be underground mapping and sampling with particular emphasis on fault and fracture zones. Also, core drilling will commence in the later part of June with the initial focus on high quality near-surface targets.

To view Figure 2. Typical underground fan drill station in the Crystal decline showing mineralized zones, please visit the following link: http://media3.marketwire.com/docs/fau_fig_2.pdf

Table 3. A comparison of the Original 2007 assays with the check assays from 2010 (field duplicates).

ORIGINAL ASSAYS CHECK ASSAYS
Field Duplicates
Hole From To Length Au From To Length Au
Number (metres) (metres) (metres) (gpt) (metres) (metres) (metres) (gpt)
N07U018 41.0 46.0 5.0 13.9 41.0 56.0 5.0 5.5
N07U020 30.0 32.0 2.0 3.9 30.0 32.0 2.0 8.5
NO7U021 27.0 32.0 5.0 19.0 26.5 32.0 5.5 32.2
including 27.0 29.0 2.0 43.4 27.0 28.0 1.0 158.0
N07U022 31.0 39.0 8.0 15.7 31.0 37.8 6.8 15.3
including 31.0 33.0 2.0 49.8 31.0 31.7 0.7 68.1
N07U022 45.2 48.5 3.3 26.2 45.2 48.5 3.3 24.6
N07U023 32.0 37.0 5.0 7.1 32.0 37.0 5.0 27.3
N07U024 36.8 46.0 9.2 27.1 36.8 46.0 9.2 35.4
N07U026 37.5 38.5 1.0 49.8 37.5 38.5 1.0 82.1
N07U028 69.0 82.0 13.0 13.0 69.8 82.1 12.3 25.4
including 76.0 77.0 1.0 48.9 69.8 70.4 0.6 347.0
including 80.5 82.0 1.5 49.9 81.2 82.1 0.9 67.6
N07U029 57.0 59.0 2.0 3.6 57.0 58.0 1.0 3.5
N07U034 58.0 59.0 1.0 8.2 59.0 60.0 1.0 80.0
N07U034 68.0 70.0 2.0 7.3 67.0 70.0 3.0 5.0
N07U037 51.0 55.7 4.7 28.5 51.0 55.7 4.7 40.9
N07U039 67.0 76.3 9.3 17.2 67.0 76.2 9.2 20.5
including 67.0 68.5 1.5 35.0 67.8 69.7 1.9 45.6
N07U041 53.3 54.8 1.5 7.4 53.5 54.8 1.3 7.3
N07U042 54.6 55.9 1.3 30.7 54.9 55.9 1.0 18.6
N07U044 60.0 63.5 3.5 12.5 60.0 63.5 3.5 33.6
N07U046 6.0 18.3 12.3 23.2 6.0 18.3 12.3 23.7
including 12.0 14.9 2.9 75.8 12.0 16.5 4.5 50.1
N07U046 22.8 24.1 1.3 52.0 22.9 24.2 1.3 24.3
The Nixon Fork Gold Mine produced significant bi-product copper and silver. Until the closure of the mine in 2007, reported copper production was 1.27 million lbs and silver production was 19,566 ounces from 106,137 tonnes mined. Historic recovered grades are about 0.6% for copper and 0.18 opt for silver.

The project is being managed by Richard Goodwin, P.Eng, VP Mining for Fire River Gold and is the Qualified Person for this news release.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with a superior technical team focused on bringing its flagship project: the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded gold mine with past production values averaging 1.4 opt (42 gpt). Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits. Fire River Gold is a member of the International Metals Group (www.internationalmetalsgroup.com).

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

Harry Barr, President and C.E.O.

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. We seek safe harbour.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy accuracy of this release.

[kaliho]

Detailed Quote for Fire River Gold Corp. (FAU:CA)
$ 0.45 0.09 (+25.00%) Volume: 619.3 k 11:13 EDT 03.06.2010

[dontoto]

Nun wurde das Private Placement abgeschlossen. Schön ist auch zu lesen, dass es ein starkes Interesse an dem PP gab und es eine Überzeichnung gab!

Mit den 4 Millionen Dollar kann die Gesellschaft die weitere Exploration bereiben und die Anlage zur Erzverarbeitung der Mühle hochfahren, um die 170.000 Tonnen Erz mit einem Goldgehalt von 7-9g zu verarbeiten. Damit würde weiterer Cash-Flow und Shareholder Value betrieben.

Zum Herbst bis Ende des Jahres soll die neue Ressourcenschätzung erfolgen und eine Machbarkeitsstudie vorliegen. Die Gesellschaft selbst geht von ca. 1 Million Unzen - 1,5 Millionen Unzen aus.

Ich warte weiter geduldig ab und sammle weitere Stücke ein. Denn diese hochgradigen Goldvorkommen findet man nicht mehr so oft...


Fire River Gold closes final tranche of financing for proceeds of a cumulative total of $4,232,900
view PDF

June 7, 2010. Vancouver, Canada -- Fire River Gold Corp. (TSX.V: FAU; OTCQX: FVGCF; FSE: FWR) (the "Company") is pleased to announce that further to its news releases dated on May 4 and 17, 2010 it has closed the second and final tranche of its non-brokered private placement financing, first announced on April 16, 2010. Due to strong interest, the private placement has been over-subscribed for an aggregate total issuance of 10,582,250 units (the "Units") at a price of $0.40 per Unit generating gross proceeds of $4,232,900. The second and final tranche issuance consisted of an additional 1,518,500 units for gross proceeds of $607,400. Each Unit consists of one common share and one-half of one share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share at a purchase price of $0.60 for a period of 18 months. In connection with the closing of the final tranche of the financing, the Company has paid $27,570 in finder's fees. In compliance with Canadian securities laws, all of the securities issued in connection with this closing are subject to a hold period expiring on October 4, 2010.

The funds from the private placement will be used for the exploration and development of the Nixon Fork Gold Mine in Alaska, and for general corporate purposes.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with a superior technical team focused on bringing its flagship project: the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded gold mine with past production values averaging 1.4 opt (42 gpt). Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits. Fire River Gold is a member of the International Metals Group (www.internationalmetalsgroup.com).

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.


"Harry Barr"

Harry Barr
President & CEO

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek safe harbour.

[dontoto]

Die Company reportet regelmässig über Updates. Die eingenommenen Gelder werden u.a. für ein zusätzliches Drilling-Programm über 12.000m verwendet. Es soll weitere Resourcen zum Ende Herbst bevorstehenden Resourcen Update hinzufügen. FAU ging vorab von möglichen Reserven von etwa 1 Million Unzen aus. Mal sehen, wieviel Unzen noch dazukommen

Anbei der heutige PR von www.firerivergold.com


Fire River Gold Corp. Announces 12,000 Metre Drilling Program
view PDF

June 9, 2010. Vancouver, Canada - Fire River Gold Corp. (TSX-V: FAU; OTCQX: FVGCF; FSE: FWR) ("FAU" or the "Company") is pleased to announce that a 12,000 metre diamond drill program at its Nixon Fork Gold Mine is slated to begin late June 2010.

Drilling will initially focus on surface targets, particularly lateral or down plunge extensions of known mineralized zones which have the potential to provide additional resources to the mill. These types of targets include the Whalen, North Star, Mystery, Southern Cross, and J5A.

Following the Company's surface program, underground drilling will begin within the Crystal decline. The drill program is designed to add resources, particularly in the area of the 3300 zone, as well as explore prospective zones. Drilling will continue to further expand known resources as well as test 3 or 4 prospective zones. Will Beach, our newly hired underground supervisor, has examined the workings of the Crystal decline and found them to be in excellent condition, with only minor cleanup needed. Mr. Beach states, "The Crystal decline and associated levels can be ready for drilling immediately."
Cabo Drilling Corporation of North Vancouver, British Columbia has been contracted for this work which will be conducted by a B20 equipped, customized Mini Mite drill rig.

Drill Hole Sampling and Assaying Procedures

Samples will be taken primarily from NQ2 sized drill core. The selected sample intervals will be halved by diamond saw which will be bagged, numbered and sent to ALS Chemex laboratory of Fairbanks, Alaska. FAU logging staff will conduct a rigorous Quality Control and Quality Assurance program which will include Standards, Blanks, Checks and Duplicates as well as Screen Metallics sampling with ore zones. Check Assays will be forwarded to Acme Analytical of Vancouver. Both ALS Chemex and Acme Analytical laboratories are ISO 9001/2000 accredited.

About Cabo Drilling Corp.

Cabo Drilling Corp. is a drilling services company headquartered in North Vancouver, British Columbia, Canada. The Company provides mining related and specialty drilling services through its Canadian divisions in Surrey, British Columbia; Montréal, Quebec; Kirkland Lake, Ontario; and Springdale, Newfoundland; as well as Cabo Drilling de Mexico S.A. de C.V. of Hermosillo, Mexico; Cabo Drilling (Panama) Corp. of Panama, Republic of Panama; Cabo Drilling Spain S.L. of Sevilla, Spain; Balkan States Drilling SH.P.K. of Tirana, Albania; and Cabo Drilling (International) Inc. The Company's common shares trade on the Frankfurt Exchange under the symbol: DHL and on the TSX Venture Exchange under the symbol: CBE.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with a superior technical team focused on bringing its flagship project: the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded gold mine with past production values averaging 1.4 opt (42 gpt). Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits. Fire River Gold is a member of the International Metals Group (www.internationalmetalsgroup.com)

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.


"Harry Barr"

Harry Barr
President & CEO

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek safe harbour.

[kaliho]

Fire River Gold Announces Update on Tailings Preliminary Economic Assessment, Nixon Fork Gold Mine, Alaska

VANCOUVER, BRITISH COLUMBIA--(June 14, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(FRANKFURT:FWR) ("FAU" or the "Company") would like to provide this update regarding the progress of work on the Preliminary Economic Assessment (PEA) for the tailings re-processing option at the Nixon Fork Mine.

The previous operator of the mine designed and partially installed a 250 tpd CIL circuit for the purpose of recovering gold from the impounded tails and increasing gold recovery from ongoing mining operations (refer to news release dated April 6, 2010 for an overview of the tailings reprocessing program). The Company's original plan was to complete construction according to the last operator's design with only minor modifications and enhancements as required. This Base Case has no provision for recycling cyanide in the circuit - all leaching solution is passed to a cyanide destruct circuit at the end of the process. It has become obvious through the course of work on the PEA that economics of the Base Case will be significantly enhanced by recycling the cyanide solution, reducing reagent consumption and the associated purchase and transportation costs.

Three alternatives are being evaluated: 1) use an existing thickener after the CIL process to recycle cyanide solution and thereby decreasing the cyanide destruct circuit operating cost, 2) installation of a new filter to further increase cyanide recycle and reduce cyanide destruction requirements and associated costs, and 3) assess the benefits of installing a Merrill Crowe system for gold recovery with shipment of gold bars rather than loaded carbon off site.

To properly assess these enhancements additional test work is required, which is being performed at the PRA Metallurgical Lab in Richmond, BC. G.R. Rawsthorne and Associates is overseeing this work on behalf of the company. The company is now projecting completion and release of the preliminary economic assessment on the tailings program by late July.

High Grade Tailings

Due to a previous production average of 42 g/t (1.4 oz/t) and a recovery rate of 83%, Fire River Gold is in the process of completing a resource estimate on Nixon Fork Gold Mine's high grade tailings pond. In 2009 the company began a $1.25M evaluation of the project to confirm the status of the geological work, confirm both the gold grade from the tailings pond, and further metallurgical assessment through test work. The evaluation program is continuing into 2010, with key milestones including a determination of a go, no-go decision for completing the CIL circuit to process tailings by Fall 2010; defining exploration targets for underground and surface drilling commencing in Summer 2010; the preparation of a new resource estimate for the property by Fall 2010, and the determination of a go, no-go decision for the resumption of underground mining by the end of the year.

Past Production Averages

Mining Tonnes Grade Mined Recovered Recovered
Period Mined Au (g/t) Au (opt) Au
(g) Au
(oz) Au
(g) Au
(oz) Cu
(kg) Cu
(lbs)
1995 to 1999 122,381 42.0 1.2 5,136,118 165,130 4,284,473 137,749 952,544 2,100,000
2007 (6mos) 18,105 17.1 0.5 309,635 9,955 210,726 6,775 35,672 78,644
Total 140,486 38.8 1.1 5,445,753 175,085 4,495,199 144,524 988,216 2,178,644
About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with a superior technical team focused on bringing its flagship project: the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded gold mine with past production values averaging 1.4 opt (42 gpt). Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits. Fire River Gold is a member of the International Metals Group (www.internationalmetalsgroup.com).

On behalf of the Board of Directors

Harry Barr, President & C.E.O.

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. We seek safe harbour.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy accuracy of this release.

For more information, please contact

Fire River Gold Corp.
Harry Barr
President & C.E.O.
[phone]
[phone] (FAX)
[e-mail]
www.firerivergold.com

[sago77]

Antwort auf Beitrag Nr.: 39.679.569 von kaliho am 14.06.10 19:02:06

Die Meldung scheint in CAN nicht gut angekommen zu sein....

[kaliho]

Fire River Gold Announces High Grade Gold Results - 27 g/t over 24m


VANCOUVER, BRITISH COLUMBIA--(June 16, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(PINK SHEETS:FVGCF)(FRANKFURT:FWR) -

News Release Highlights:

27 g/t (0.79 opt) gold over 24.0 m (78.7 ft) in hole N07U053

including 30 g/t (0.89 opt) gold over 5.1 m (16.7 ft)

including 82 g/t (2.40 opt) gold over 3.8 m (12.7 ft)

including 58 g/t (1.68 opt) gold over 2.0 m (6.56 ft)

110 g/t (2.21 opt) gold over 6.7 m (22.0 ft) in hole N07U049

48 g/t (1.39 opt) gold over 2.1 m (6.8 ft) in hole N07U054

Results pending for 28 additional underground holes and 7 additional surface holes

2010 drill campaign scheduled to begin late June

Resource update Fall 2010

Fire River Gold Corp. continues to announce high grade assay results from the ongoing re-evaluation program on its Nixon Fork Gold Mine Project in Alaska. The Company has received assay results and completed careful review of next 12 holes completed in 2007 (N07U0047 to N07058). New significant intercepts include N07U049 returning grades of 110 g/t (2.21 opt) gold over 6.7 metres (22.0 ft) and 27 g/t (0.79 opt) gold over 24.0 m (78.7 ft) in hole N07U53 including 30 g/t (0.89 opt) gold over 5.1 m (16.7 ft), including 82 g/t (2.40 opt) gold over 3.8 m (12.5 ft) and including 58 g/t (1.68 opt) Au over 2.0 metres (6.6 ft) as part of the ongoing geological re-evaluation program for the Nixon Fork Gold Mine Project in Alaska. A complete list of significant intercepts is provided in Table 2 for these 12 drill holes; it includes results of previously unreported drill holes.

During 2007 and 2008, the previous operator completed 9400 metres from mostly underground drill stations in 110 holes. The results for these holes were not reported by that operator and have never been included in a resource assessment of the mine. The geologic evaluation (re-logging) of the 9400 metres is complete.

Table 1: List of Previously Unannounced Drill holes completed in 2007

Hole Number From (metres) To (metres) Length (feet) Length (metres) Au (opt) Au (gpt) Location
N07U049 3.7 10.4 22.0 6.7 2.21 110 3300 zone
N07U053 1.9 25.9 78.7 24.0 0.79 27 3300 zone
including 1.9 7.0 16.7 5.1 0.89 30 3300 zone
including 15.5 19.3 12.5 3.8 2.40 82 3300 zone
including 23.2 25.2 6.6 2.0 1.68 58 3300 zone
N07U054 11.0 13.1 6.9 2.1 1.39 48 3300 zone
N07U055 10.3 21.6 37.1 11.3 0.92 31 3300 zone
including 10.3 12.4 6.9 2.1 2.50 86 3300 zone
including 15.6 21.6 19.7 6.0 0.85 29 3300 zone
N07U056 2.4 4.5 6.9 2.1 0.32 11 3300 zone
13.8 18.3 14.8 4.5 2.95 101 3300 zone
N07U057 23.5 24.4 2.9 0.9 1.29 44 3300 zone
N07U058 12.0 15.0 9.8 3.0 1.09 37 3300 zone
Because the 2007 and 2008 results were not formerly reported, a careful review was initiated by FAU of all quality control and quality assurance procedures used by the former operator. Although original check assays from the 2007 drill program were not documented, it is clear, however, that certified standards were used. The re-sampling program of the 2007 drill core is essentially a modified field duplicate exercise of the original assay results.

The re-sampling of the remaining half‐cores, were fully analyzed except in rare cases where quarter‐cores were used. Sampling of core‐duplicates as compared to FAU's pulp‐duplicates can produce a high degree of variability in the results due to the ʺnugget effectʺ of gold mineralization that occurs at Nixon Fork. This nugget effect was clearly evident in the bonanza grades reported for the 2008 drilling.

Every effort has been made to replicate the previous sample intervals except when a previous sample crossed a lithological or mineralized boundary. In these cases the new 2010 samples were terminated at such boundaries. The differences in lengths of the intervals may account for some of the variability in gold grades. In general, the assays are in conformity, especially for a comparison of field duplicate samples in a high‐grade, coarse gold system.

Table 2: List of Gold intercepts for Drill Holes N07U047 to N07U058

Hole From To Length Length Au Au
Number (metres) (metres) (metres) (feet) (gpt) (opt) Location
N07U047 16.9 17.1 0.2 0.7 8 0.23 3300 zone
N07U047 22.6 24.2 1.6 5.25 65 1.89 3300 zone
N07U048 3.5 6.3 2.8 9.19 13 0.38 3300 zone
N07U048 12.7 14.7 2.0 6.56 65 1.89 3300 zone
N07U048 15.3 18.0 2.7 8.86 146 4.25 3300 zone
N07U049 1.2 2.5 1.3 4.27 8 0.22 3300 zone
N07U049 3.7 10.4 6.7 22 110 3.20 3300 zone
N07U050 0.0 1.2 1.2 3.9 19 0.56 3300 zone
N07U050 2.2 2.8 0.6 2.0 10 0.29 3300 zone
N07U050 4.0 5.6 4.8 15.8 78 2.28 3300 zone
including 7.0 8.8 1.8 5.9 160 4.66 3300 zone
N07U051 4.5 5.5 1.0 3.3 12 0.35 3300 zone
N07U051 10.4 11.8 1.4 4.6 8 0.22 3300 zone
N07U052 3.5 6.5 3.0 9.8 10 0.29 3300 zone
N07U052 12.5 16.5 4.0 13.1 50 1.46 3300 zone
N07U052 29.0 30.5 1.5 4.9 4 0.12 3300 zone
N07U053 1.9 25.9 24.0 78.7 27 0.79 3300 zone
including 1.9 3.8 1.9 6.2 59 1.71 3300 zone
including 6.4 7.0 0.6 2.0 67 1.93 3300 zone
including 7.7 10.3 2.6 8.5 12 0.33 3300 zone
including 13.4 16.8 3.4 11.2 40 1.17 3300 zone
including 18.3 19.3 1.0 3.3 207 5.99 3300 zone
including 23.2 25.9 2.7 8.9 44 1.28 3300 zone
N07U054 8.2 9.2 1.0 3.3 4 0.11 3300 zone
N07U054 11.0 13.1 2.1 6.9 48 1.39 3300 zone
N07U055 5.0 6.6 1.6 5.3 6 0.18 3300 zone
N07U055 10.3 21.6 11.3 37.1 31 0.91 3300 zone
including 10.3 12.4 2.1 6.9 86 2.49 3300 zone
including 15.6 17.5 1.9 6.2 33 0.95 3300 zone
including 19.0 21.6 2.6 8.5 43 1.25 3300 zone
N07U056 2.4 4.5 2.1 6.9 11 0.32 3300 zone
N07U056 13.8 19.8 6.0 19.7 78 2.26 3300 zone
N07U057 1.8 3.0 1.2 3.9 4 0.11 3300 zone
N07U057 6.1 6.9 0.8 2.6 4 0.11 3300 zone
N07U057 9.0 11.0 2.0 6.6 4 0.11 3300 zone
N07U057 14.9 17.0 2.1 6.9 4 0.11 3300 zone
N07U057 23.5 24.4 0.9 3.0 44 1.29 3300 zone
N07U058 4.2 5.2 1.0 3.3 9 0.26 3300 zone
N07U058 12.0 15.0 3.0 9.8 37 1.08 3300 zone
Re-logging and sampling of the historic core is of critical importance to understanding the controls of gold mineralization as well as gaining confidence in the high grades. The differences in grades shown are typical of high grade, gold deposits with a significant nugget distribution.

For additional details, please refer to FAU's website: www.firerivergold.com under news, which include the results from the first 33 holes, the geological re-assessment program, historic site production, a description of the deposits, additional information on the QA/QC measures and a description of our planned 2010 exploration drilling program.

Figure 1. is a cross section through the 3300 gold zone in the Crystal decline. This zone as well as extensions a potential new zones to the south was the focus of much of the underground drilling for 2007. The 3300 zone is a pipe-like in shape and varies in diameter from a minimum of 3 metres to as much as 40 metres. http://www.firerivergold.com/s/NewsReleases.asp?ReportID=405…

Underground drilling is typically completed in 'fan-like' arrays of drill holes show in Figure 2. These fans define the limits of the high grade zones in the 3300. Most of the drilling in 2007 was completed between the 280 and 200 levels of the Crystal decline.

Relogging and sampling of the 2007 and 2008 drill core has been completed. Geologic work will now focus on selected zones from the pre-2007 core library, particularly in areas of favourable targets and mineralization. Work will also begin on a new resource estimate scheduled for completion by Fall of 2010.

Other near term tasks to begin in June will be underground mapping and sampling with particular emphasis on fault and facture zones. Also, core drilling will commence in the later part of June with the initial focus on high quality near-surface targets.

Figure 2: Typical underground fan drill station in the Crystal Mine, Nixon Fork showing mineralized zones. http://www.firerivergold.com/s/NewsReleases.asp?ReportID=405…

Table 3: A comparison of the Original 2007 assays with the check assays from 2010 (field duplicates)

ORIGINAL ASSAYS Field Duplicates
CHECK ASSAYS
Hole From To Length Au From To Length Au
Number (metres) (metres) (metres) (gpt) (metres) (metres) (metres) (gpt)
N07U047 22.6 24.2 1.6 65 22.7 24.1 1.4 77
N07U048 12.7 18.0 5.3 99 12.9 18.0 5.1 128
including 16.5 18.0 1.5 261 16.5 18.0 1.5 264
NO7U049 3.7 10.4 6.7 110.30 4.3 10.4 6.1 54
N07U050 4.0 8.8 4.8 78 4.3 8.8 4.5 82
including 7.0 8.8 1.8 160 6.4 8.8 2.4 145
N07U051 4.5 5.5 1.0 12 5.8 7.2 1.4 7.52
N07U052 12.5 16.5 4.0 50 12.5 16.5 4.0 57.65
including 13.8 14.8 1.0 76 13.8 14.8 1.0 127
NO7U053 1.9 25.9 24.0 27 1.9 25.2 23.3 19
including 1.9 7.0 5.1 30 1.9 7.0 5.1 20
including 15.5 19.3 3.8 82 15.2 19.3 4.1 31
including 23.2 25.2 2.0 58 23.2 25.2 2.0 68
NO7U054 11.0 13.1 2.1 48 11 13.1 2.1 46
NO7U055 10.3 21.6 11.3 31 10.3 21.3 11.0 21
including 10.3 12.4 2.1 86 10.3 12.2 1.9 39
including 15.6 21.6 6.0 29 15.6 21.3 5.7 28
NO7U056 2.4 4.5 2.1 11 2.4 4.6 2.2 8
NO7U056 13.8 18.3 4.5 101 13.7 18.3 4.6 108
NO7U058 12.0 15.0 3.0 37 12.0 14.9 2.9 49
Significant bi-product of the Nixon Fork Gold Mine includes copper and silver credits. Until the closure of the mine in 2007, reported copper production was 1.27 million lbs and silver production was 19,566 ounces from 106,137 tonnes mined. Historic recovered grades were approximately 0.6% for copper and 0.18 opt for silver.

The project is being managed by Richard Goodwin, P.Eng, VP Mining for Fire River Gold and is the Qualified Person for this news release.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with a superior technical team focused on bringing its flagship project: the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded gold mine with past production values averaging 1.4 opt (42 gpt). Facilities at the Nixon Fork Gold Mine include a 200 tpd floatation plant with a gravity gold separation circuit, a sulphide floatation circuit. In 2008, a CIL gold leaching circuit was purchased and approximately 60% installed. The mine also includes a fleet of mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.5km long landing strip. Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits. Fire River Gold is a member of the International Metals Group (www.internationalmetalsgroup.com).

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

Harry Barr, President and C.E.O.

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. We seek safe harbour.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact

Fire River Gold Corp.
Harry Barr
President & C.E.O.
[phone]
[phone] (FAX)
[e-mail]
www.firerivergold.com
Click here to see all recent news from this company

[dontoto]

Schöne Ergebnisse...

ich glaube Ende des Jahres werden wir noch viel mehr Freude haben...

[Hans60]

Weiß jemand wann die mit der Produktion beginnen wollen ?
Müsste doch alles vorhanden sein.
Gruß Hans

[sago77]

Antwort auf Beitrag Nr.: 39.693.586 von Hans60 am 16.06.10 20:05:59

Produktionstermin steht nicht fest!
Der Abraum sollte im Frühjahr verarbeitet werden,
ist bis heute nix passiert. Ca September soll ein Ni 43-101
erstellt werden, wo die Ergebnisse des 20000 m Bohrprogramm
eingearbeitet werden sollen. Momentan bastelt man an dem Sulfidflotationskreislauf (falls ich die lezte News richtig verstanden habe). Zum Jahresende soll ein Minenplan erstellt werden. Schaun wer mal.

[ooy]

Antwort auf Beitrag Nr.: 39.694.269 von sago77 am 16.06.10 21:49:40

Produktionstermin wurde mal auf 2014 oder 2015 fixiert, also viel Geduld mitbringen, vielleicht uebernimmt ja auch vorher jemand...

[dontoto]

Antwort auf Beitrag Nr.: 39.696.057 von ooy am 17.06.10 10:08:15

Na so ist das ja nicht rchtig.

Die Produktion kann schon im nächsten Jahr anlaufen, sollten alle erforderlichen Maßnahmen erledigt seien.

Dazu gehört die Aufbereitung der Mühle, die zu ca. 60-70% fertiggestellt ist. Es ist genug Erz vorhanden vom Vorgänger vorhanden, welches für eine schnelle Produktion von bis zu 30.000 Unzen ausreicht.

Ich gehe persönlich aber auch wie ooy davon aus, dass eine Produktion erst im Jahre 2012 beginnt. Denn Fire River wird zunächst die Exploration auf Ihrem Gebiet vervollständigen und die Feasibility Studie abwarten.

Was mir bei Fire River gefällt sind folgende Sachen:

- ca 50. Millionen Shares fully diluted ( wenig für einen Explorer)

- sehr gute Bohrergebnisse!!!

- genug Cash für die Exploration + 170.000 Tonnen Gestein mit 7-9g Gold pro Tonne, welches zügig zum Cashflow hinzugefügt werden kann

- keine Schulden!

- stetiger Newsflow!

- vollständige gebondete Anlage im Wert von ca. 100 Millionen USD.

Langfristig dürften Anleger noch viel Freude mit dieser Aktie haben...die Story ist jedenfalls sehr spannend!

[Der Engel]

Guten Abend zusammen , habe mir heute auch ein paar ins Depot gelegt .

Hatte noch 6 weitere Unternehmen in meiner engeren Auswahl , habe mich aber dann für FIRE RIVER GOLD entschieden .

Der Engel

[kaliho]

Fire River Gold Corp.

TSX VENTURE: FAU
OTCQX: FVGCF
PINK SHEETS: FVGCF
FRANKFURT: FWR

Jun 18, 2010 09:00 ET
Fire River Gold Announces 67 g/t (1.95 opt) Gold Over 6.3 m (20.7 ft) Nixon Fork, Alaska
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 18, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(PINK SHEETS:FVGCF)(FRANKFURT:FWR) -
67 g/t (1.95 opt) gold over 6.3 m (20.7 ft) in hole N07U059
Results pending for 26 additional underground holes and 7 additional surface holes
2010 drill campaign scheduled to begin late June
Resource update Fall 2010
Fire River Gold Corp. ("FAU" or the "Company") is pleased to announce high-grade gold results 67 g/t (1.95 opt) gold over 6.3 m (20.7 ft) in hole N07U059 from the ongoing re-evaluation program on its Nixon Fork Gold Mine Project in Alaska. The Company has received assay results and completed careful review of two holes completed in 2007 (N07U059 to N07U060). New significant intercepts include 67 g/t (1.95 opt) gold over 6.3 m (20.7 ft) in hole N07U059 as part of the ongoing geological re-evaluation program for the Nixon Fork Gold Mine Project in Alaska. A complete list of significant intercepts is provided in Table 1. for these two drill holes.
Table 1: List of Previously Unannounced Drill holes completed in 2007.
Hole From To Length Length Au Au Location
Number (metres) (metres) (feet) (metres) (opt) (gpt)
N07U059 10.7 17 20.7 6.3 1.95 67 3300 zone
N07U060 24.4 26.5 6.9 2.1 0.85 29 3300 zone
During 2007 and 2008, the previous operator completed 9400 metres from mostly underground drill stations in 110 holes. The results for these holes were not reported by that operator and have never been include in a resource assessment of the mine. The geologic evaluation (re-logging) of the 9400 metres is complete.
Because the 2007 and 2008 results were not formerly reported, a careful review was initiated by FAU of all quality control and quality assurance procedures used by the former operator. Although original check assays from the 2007 drill program were not documented, it is clear, however, that certified standards were used. The re-sampling program of the 2007 drill core is essentially a modified field duplicate exercise of the original assay results.
The re-sampling of the remaining half‐cores, were fully analyzed except in rare cases where quarter‐cores were used. Sampling of core‐duplicates as compared to FAU's pulp‐duplicates can produce a high degree of variability in the results due to the "nugget effect" of gold mineralization that occurs at Nixon Fork. This nugget effect was clearly evident in the bonanza grades reported for the 2008 drilling.
Every effort has been made to replicate the previous sample intervals except when a previous sample crossed a lithological or mineralized boundary. In these cases the new 2010 samples were terminated at such boundaries. The differences in lengths of the intervals may account for some of the variability in gold grades. In general, the assays are in conformity, especially for a comparison of field duplicate samples in a high‐grade, coarse gold system.
These results show for the first time a significant check assay discrepancy in the 2007 drilling for drillhole N07U060. No significant intercept was produced for the interval 24.4m to 26.5 metres. This interval contained a composite grade of 29 g/t from the historic assays. This shows the importance of the due diligence and check assays.
Re-logging and sampling of the historic core is of critical importance to understanding the controls of gold mineralization as well as gaining confidence in the high grades. The differences in grades shown are typical of high grade, gold deposits with a significant nugget distribution.
For additional details, please refer to FAU's website: www.firerivergold.com under news, which include the results from the first group of drill holes, the geological re-assessment program, historic site production, a description of the deposits, additional information on the QA/QC measures and a description of our planned 2010 exploration drilling program.
Figure 1. is a cross section through the 3300 gold zone in the Crystal decline. This zone as well as extensions a potential new zones to the south was the focus of much of the underground drilling for 2007. The 3300 zone is a pipe-like in shape and varies in diameter from a minimum of 3 metres to as much as 40 metres. To view Figures 1 and 2, click here: http://www.firerivergold.com/s/NewsReleases.asp?ReportID=405…
Underground drilling is typically completed in 'fan-like' arrays of drill holes show in Figure 2. These fans define the limits of the high grade zones in the 3300. Most of the drilling in 2007 was completed between the 280 and 200 levels of the Crystal decline.
Relogging and sampling of the 2007 and 2008 drill core has been completed. Geologic work will now focus on selected zones from the pre-2007 core library, particularly in areas of favourable targets and mineralization. Work will also begin on a new resource estimate scheduled for completion by Fall of 2010.
Other near term tasks to begin in June will be underground mapping and sampling with particular emphasis on fault and facture zones. Also, core drilling will commence in the later part of June with the initial focus on high quality near-surface targets.
Figure 2. Typical underground fan drill station in the Crystal decline showing mineralized zones. To view Figures 1 and 2, click here: http://www.firerivergold.com/s/NewsReleases.asp?ReportID=405…
Table 2. A comparison of the Original 2007 assays with the check assays
from 2010 (field duplicates).
ORIGINAL ASSAYS CHECK ASSAYS
Field Duplicates
Hole From To Length Au From To Length Au
Number (metres) (metres) (metres) (gpt) (metres) (metres) (metres) (gpt)
N07U059 10.7 17 6.3 67 10.7 16.8 6.1 55
N07U060 24.4 26.5 2.1 29.1 24.4 26.5 2.1 NSI
The Nixon Fork Gold Mine produced significant bi-product copper and silver. Until the closure of the mine in 2007, reported copper production was 1.27 million lbs and silver production was 19,566 ounces from 106,137 tonnes mined. Historic recovered grades are about 0.6% for copper and 0.18 opt for silver.
The project is being managed by Richard Goodwin, P.Eng, VP Mining for Fire River Gold and is the Qualified Person for this news release.
About Fire River Gold Corp.
Fire River Gold Corp. is a near term production company with a superior technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded gold mine with past production values averaging 1.4 opt (42 gpt). Facilities at the Nixon Fork Gold Mine include a 200 tpd floatation plant with a gravity gold separation circuit and a sulphide floatation circuit. In 2008, a CIL gold leaching circuit was purchased and approximately 60% installed. The mine also includes a fleet of mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.5 km long landing strip. Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits. Fire River Gold is a member of the International Metals Group (www.internationalmetalsgroup.com).
On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.
Harry Barr, President and C.E.O.
Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. We seek safe harbour.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact
Fire River Gold Corp.
Harry Barr
President & C.E.O.
[phone]
[phone] (FAX)
[e-mail]
www.firerivergold.com
Click here to see all recent news from this company

[Der Engel]

Die Umsätze sind ja der Hammer , 16,17 Uhr und schon 1,1 Mio gehandelte Stücke .

Der Engel

[sago77]

Antwort auf Beitrag Nr.: 39.705.672 von Der Engel am 18.06.10 16:19:49

Leider hat FAU die Angewohnheit ein paar Tage nach
den News wieder abzutauchen, siehe Chart.

[MrRipley]

Antwort auf Beitrag Nr.: 39.692.030 von dontoto am 16.06.10 16:29:28

...schöne Ergebisse?

Das ist sensationell, was die da gebohrt haben...

[kaliho]

Fire River Gold plans $3-million placement at 50 cents
2010-06-18 18:05 ET - News Release
Shares issued 36,629,547
FAU Close 2010-06-16 C$ 0.54
Mr. Harry Barr reports
FIRE RIVER GOLD ANNOUNCES $3,000,000 OFFERING TO INCREASE 2010 DRILL PROGRAM TO 28,000 METRES
Fire River Gold Corp. plans a non-brokered private placement of up to six million units at a purchase price of 50 cents per unit for gross proceeds of up to $3-million.
Each unit will consist of one common share and one-half of one non-transferable share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one common share of the company at a price of 75 per share for 18 months, subject to accelerated expiry, such expiry being accelerated to 30 days in the event the company's shares have closed at or above a price of $1.00 per share for 10 consecutive trading days.
A finder's fee may be payable in cash, shares and/or warrants in relation to this financing, in accordance with regulatory policies. The foregoing is subject to regulatory approval.
The funds from the private placement will allow the company to increase its 2010 drill program from a minimum of 12,000 metres to a maximum of 28,000 metres. The balance of the funds will be used for the development work at the Nixon Fork gold mine in Alaska and general working capital.
We seek Safe Harbor.

[kaliho]

Jun 21, 2010 09:00 ET
Fire River Gold Announces 498 g/t (14.52 opt) Gold Over 3.0 m (9.8 ft) Nixon Fork, Alaska
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 21, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(PINK SHEETS:FVGCF)(FRANKFURT:FWR):
498 g/t (14.52 opt) gold over 3.0 m (9.8 ft) in hole N07U061
Results pending for 25 additional underground holes and 7 additional surface holes
2010 drill campaign scheduled to begin late June
Resource update Fall 2010
Fire River Gold Corp. (ʺFAUʺ or the ʺCompanyʺ) is pleased to announce bonanza gold results 498 g/t (14.53 opt) gold over 3.0 metres (9.8 ft) in hole N07U061 from the ongoing re-evaluation program on its Nixon Fork Gold Mine Project in Alaska. The Company has received assay results and completed careful review of two holes completed in 2007 (N07U061 to N07U062). New significant intercepts include 498 g/t (14.52 opt) gold over 3.0 m (9.8 ft) in hole N07U062 as part of the ongoing geological re-evaluation program for the Nixon Fork Gold Mine Project in Alaska. A complete list of significant intercepts is provided in Table 1. for these two drill holes.
Table 1: List of Previously Unannounced Drill holes completed in 2007.
Hole Number From
(metres) To
(metres) Length
(feet) Length
(metres) Au
(opt) Au
(gpt) Location
N07U061 1.5 4.0 8.2 2.5 0.38 13 3300 zone
N07U061 19.6 22.6 9.8 3.0 15.52 498 3300 zone
including 20.5 21.3 2.6 0.8 53.81 1845 3300 zone
N07U062 0.0 4.8 15.7 4.8 0.21 7 3300 zone
10.2 14.4 13.8 4.2 0.65 22 3300 zone
Including 12.5 13.5 3.3 1.0 2.13 73 3300 zone
20.2 22.0 5.9 1.8 0.2 7 3300 zone
During 2007 and 2008, the previous operator completed 9400 metres from mostly underground drill stations in 110 holes. The results for these holes were not reported by that operator and have never been include in a resource assessment of the mine. The geologic evaluation (re-logging) of the 9400 metres is complete.
Because the 2007 and 2008 results were not formerly reported, a careful review was initiated by FAU of all quality control and quality assurance procedures used by the former operator. Although original check assays from the 2007 drill program were not documented, it is clear, however, that certified standards were used. The re-sampling program of the 2007 drill core is essentially a modified field duplicate exercise of the original assay results.
The re-sampling of the remaining half-cores, were fully analyzed except in rare cases where quarter-cores were used. Sampling of core-duplicates as compared to FAU's pulp-duplicates can produce a high degree of variability in the results due to the ʺnugget effectʺ of gold mineralization that occurs at Nixon Fork. This nugget effect was clearly evident in the bonanza grades reported for the 2008 drilling.
Every effort has been made to replicate the previous sample intervals except when a previous sample crossed a lithological or mineralized boundary. In these cases the new 2010 samples were terminated at such boundaries. The differences in lengths of the intervals may account for some of the variability in gold grades. In general, the assays are in conformity, especially for a comparison of field duplicate samples in a high-grade, coarse gold system.
Re-logging and sampling of the historic core is of critical importance to understanding the controls of gold mineralization as well as gaining confidence in the high grades. The differences in grades shown are typical of high grade, gold deposits with a significant nugget distribution.
For additional details, please refer to FAU's website: www.firerivergold.com under "news", which include the results from the first group of drill holes, the geological re-assessment program, historic site production, a description of the deposits, additional information on the QA/QC measures and a description of our planned 2010 exploration drilling program.
Figure 1. is a cross section through the 3300 gold zone in the Crystal decline. This zone as well as extensions of potential new zones to the south, was the focus of much of the underground drilling for 2007. The 3300 zone is a pipe-like in shape and varies in diameter from a minimum of 3.0 metres to as much as 40.0 metres. To view Figures 1 and 2, click here: http://www.firerivergold.com/s/NewsReleases.asp?ReportID=405…
Underground drilling is typically completed in 'fan-like' arrays of drill holes show in Figure 2. These fans define the limits of the high grade zones in the 3300. Most of the drilling in 2007 was completed between the 280 and 200 levels of the Crystal decline.
Relogging and sampling of the 2007 and 2008 drill core has been completed. Geologic work will now focus on selected zones from the pre-2007 core library, particularly in areas of favourable targets and mineralization. Work will also begin on a new resource estimate scheduled for completion by Fall of 2010.
Other near term tasks to begin in June will be underground mapping and sampling with particular emphasis on fault and facture zones. Also, core drilling will commence in the later part of June with the initial focus on high quality near-surface targets.
Figure 2. Typical underground fan drill station in the Crystal MineNixon Fork decline showing mineralized zones. To view Figures 1 and 2, click here: http://www.firerivergold.com/s/NewsReleases.asp?ReportID=405…
Table 2. A comparison of the Original 2007 assays with the check assays from 2010
(field duplicates).
ORIGINAL ASSAYS CHECK ASSAYS
Field Duplicates
Hole From To Length Au From To Length Au
Number (metres) (metres) (metres) (gpt) (metres) (metres) (metres) (gpt)
N07U061 1.5 4.0 2.5 13 1.5 3.8 2.3 18
19.6 22.6 3.0 498 19.5 22.8 3.3 515
including 20.5 21.3 0.8 1845 20.5 21.3 0.8 1745
N07U062 0.0 4.8 4.8 7 2.4 4.8 2.4 10
10.2 14.4 4.2 22 10.3 14.3 4.0 36
including 12.5 13.5 1.0 73 12.3 13.7 1.4 89
20.2 22.0 1.8 7 21.3 24.9 3.6 19
The Nixon Fork Gold Mine produced significant bi-product copper and silver. Until the closure of the mine in 2007, reported copper production was 1.27 million lbs and silver production was 19,566 ounces from 106,137 tonnes mined. Historic recovered grades are about 0.6% for copper and 0.18 opt for silver.
The project is being managed by Richard Goodwin, P.Eng, VP Mining for Fire River Gold and is the Qualified Person for this news release.
About Fire River Gold Corp.
Fire River Gold Corp. is a near term production company with a superior technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded gold mine with past production values averaging 1.4 opt (42 gpt). Facilities at the Nixon Fork Gold Mine include a 200 tpd floatation plant with a gravity gold separation circuit and a sulphide floatation circuit. In 2008, a CIL gold leaching circuit was purchased and approximately 60% installed. The mine also includes a fleet of mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.5 km long landing strip. Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits. Fire River Gold is a member of the International Metals Group (www.internationalmetalsgroup.com).
On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.
Harry Barr, President and C.E.O.
Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. We seek safe harbour.
For more information, please contact
Fire River Gold Corp.
Harry Barr
President & C.E.O.
[phone]
[phone] (FAX)
[e-mail]
www.firerivergold.com

[Der Engel]

2010.06.22 17.20
Fire River Gold kündigt 498 g / t ( 14,52 opt) Gold über 3,0 m (9,8 ft) Nixon Fork , Alaska
VANCOUVER, BRITISH COLUMBIA - (MARKET WIRE ) - 06/21/10 - Fire River Gold Corp. (TSX VENTURE: FAU ) ( OTCQX: FVGCF ) (Pink Sheets: FVGCF ) ( FRANKFURT: FWR ):


- 498 g / t ( 14,52 opt) Gold über 3,0 m (9,8 ft) in Bohrloch N07U061
- Ergebnisse stehen noch aus für 25 zusätzliche unterirdische Bohrungen und 7 weitere
Oberfläche Löcher
- 2010 Bohrprogramm geplant zu beginnen Ende Juni
- Ressourcen- Update Herbst 2010

Fire River Gold Corp (" FAU "oder das "Unternehmen" ) freut sich bekannt zu Bonanza Gold Ergebnisse 498 g / t ( 14,53 opt) Gold über 3,0 m (9,8 ft) in Bohrloch N07U061 aus der laufenden Neubewertung Programm auf ihre Nixon Fork Goldmine in Alaska Project . Das Unternehmen hat Analysenergebnisse erhalten und ausgefüllt sorgfältige Überprüfung der zwei Löcher fertig gestellt im Jahr 2007 ( N07U061 zu N07U062 ). New signifikante Abschnitte beinhalten 498 g / t ( 14,52 opt) Gold über 3,0 m (9,8 ft) in Bohrloch N07U062 als Teil des laufenden geologischen Neubewertung Programm für die Nixon Fork Goldmine in Alaska Project . Eine vollständige Liste der signifikanten Abschnitte sind in Tabelle 1 dargestellt. Für diese beiden Bohrlöcher .

Tabelle 1: Liste der bislang nicht angekündigte Bohrungen im Jahr 2007 abgeschlossen .


-------------------------------------------------- ------------------------
Loch Nummer Von Bis Länge Länge Au Au
(Meter ) (Meter ) ( Meter ) (Meter ) (opt ) ( gpt ) Lage
-------------------------------------------------- ------------------------
N07U061 1,5 4,0 8,2 2,5 0,38 13 3300 Zone
-------------------------------------------------- ------------------------
N07U061 19,6 22,6 9,8 3,0 15,52 498 3300 Zone
-------------------------------------------------- ------------------------
einschließlich 20,5 21,3 2,6 0,8 53,81 1845 3300 Zone
-------------------------------------------------- ------------------------
N07U062 0,0 4,8 15,7 4,8 0,21 7 3300 Zone
-------------------------------------------------- ------------------------
10,2 14,4 13,8 4,2 0,65 22 3300 Zone
-------------------------------------------------- ------------------------
Einschließlich 12,5 13,5 3,3 1,0 2,13 73 3300 Zone
-------------------------------------------------- ------------------------
20,2 22,0 5,9 1,8 0,2 7 3300 Zone
-------------------------------------------------- ------------------------

Während 2007 und 2008 , dem früheren Betreiber abgeschlossen 9.400 Meter vom größtenteils unterirdisch Bohrstationen in 110 Löchern. Die Ergebnisse für diese Löcher wurden nicht von diesem Betreiber gemeldet und noch nie sind in einem Ressourcen- Bewertung der Mine. Die geologische Bewertung (re- Logging) von der 9400 Meter abgeschlossen ist.

Da die Ergebnisse 2007 und 2008 waren nicht früher gemeldet , einer sorgfältigen Prüfung durch FAU aller Qualitätskontrolle und Qualitätssicherung durch den früheren Betreiber genutzt wurde eingeleitet . Obwohl ursprüngliche Scheck Assays aus dem Bohrprogramm 2007 nicht dokumentiert wurden , ist es jedoch klar, dass zertifizierte Standards verwendet wurden. Das Re-Sampling -Programm von 2007 Bohrkern ist im Wesentlichen eine geänderte Feld-Duplikat Ausübung der ursprünglichen Testergebnisse .

Die Re -sampling der verbleibenden halben Kernen, wurden in vollem Umfang nur in seltenen Fällen, in denen Quartals -Kerne wurden analysiert. Probenahme von Kern- Dubletten im Vergleich zu FAU Zellstoff - Duplikate können ein hohes Maß an Variabilität in den Ergebnissen aufgrund der " Nugget Effekt "der Gold-Mineralisierung , die bei Nixon Fork tritt produzieren. Dieses Nugget Effekt war deutlich in der Bonanza Grade evident berichtet für das Jahr 2008 Bohrungen .

Es wurden alle Anstrengungen gemacht , um die vorhergehende Probe Abständen außer replizieren , wenn eine vorherige Probe überquerte eine lithologische Grenze oder mineralisiert . In diesen Fällen ist die neue 2010 Proben bei solchen Begrenzungen gekündigt wurden . Die Unterschiede in den Längen der Intervalle können für einige der Variabilität in Goldgehalte Konto. Im Allgemeinen sind die Assays im Einklang , insbesondere für einen Vergleich der Feldduplikatproben in einem hochwertigen , grobes Gold-System .

Rück - Protokollierung und Probenentnahme aus dem historischen Kern ist von entscheidender Bedeutung zum Verständnis der Kontrolle der Gold-Mineralisierung sowie die Gewinnung des Vertrauens in die hohen Grade. Die Unterschiede in den Klassen gezeigt, sind typisch für hochwertige , Gold-Lagerstätten mit einer signifikanten Nugget -Distribution.

Weitere Details entnehmen Sie bitte zur Website: FAU www.firerivergold.com 's unter "News ", die die Ergebnisse aus der ersten Gruppe von Bohrlöchern , die geologische Neubewertung Programm , historische Stätte der Produktion , eine Beschreibung der Lagerstätten, zusätzliche gehören Informationen über die QA / QC- Maßnahmen und eine Beschreibung unseres Jahr 2010 anberaumte Explorations-Bohrprogramm .

Abbildung 1 . ist ein Querschnitt durch die 3300 Gold -Zone in der Crystal rückläufig. Diese Zone sowie Erweiterungen des möglichen neuen Regionen im Süden, lag der Schwerpunkt der viel von der unterirdischen Bohrungen für 2007. Die 3300 -Zone ist ein Rohr -like in Form und Durchmesser variiert zwischen einem Minimum von 3,0 Meter , so viel wie 40,0 Meter . Um den Abbildungen 1 und 2 finden Sie hier: http://www.firerivergold.com/s/NewsReleases.asp?ReportID=405… .

Unterirdische Bohrungen sind in der Regel in " Fan -like " -Arrays von Bohrungen fertiggestellt in Abbildung 2 zeigen . Diese Fans definieren die Grenzen der hochgradigen Zonen in der 3300 . Die meisten der Bohrungen im Jahr 2007 wurde zwischen dem 280 und 200 Levels des Crystal Rückgang abgeschlossen.

Erneut einloggen müssen und die Entnahme von 2007 und 2008 Bohrkern wurde abgeschlossen. Geologic Arbeit wird nun auf ausgewählte Gebiete konzentriert aus der pre -2007 -Core-Bibliothek , insbesondere in Bereichen von günstigen Vorgaben und Mineralisierung. Außerdem werden die Arbeiten an einem neuen Ressourcenschätzung für die Fertigstellung bis Herbst 2010 geplant beginnen.

Sonstige kurzfristige Aufgaben , die im Juni beginnen wird U Kartierungen und Probenentnahmen mit besonderem Schwerpunkt auf Fehler und Faktur Zonen werden. Außerdem werden Kernbohrungen in den späteren Teil der Juni mit der anfänglichen Konzentration auf hohe Qualität beginnt oberflächennahe Ziele.

Abbildung 2 . Typische U-Bahn -Station Fan Bohrer in der Crystal MineNixon Fork Rückgang zeigen mineralisierte Zonen . Um den Abbildungen 1 und 2 finden Sie hier: http://www.firerivergold.com/s/NewsReleases.asp?ReportID=405… .

Tabelle 2 . Ein Vergleich der Original -Tests 2007 mit dem Check -Assays von 2010 (Feld Duplikate) .


----------------------------------------- --------- ----------------------
ORIGINAL ASSAYS CHECK ASSAYS
Field Duplicates
Hole Von Bis Länge Au Von Bis Länge Au
Nummer ( Meter) (Meter ) (Meter ) ( gpt ) (Meter ) (Meter ) (Meter ) ( gpt )
----------------------------------------- --------- ----------------------
N07U061 1,5 4,0 2,5 13 1,5 3,8 2,3 18
19,6 22,6 3,0 498 19,5 22,8 3,3 515
einschließlich 20,5 21,3 0,8 1845 20,5 21,3 0,8 1745
N07U062 0,0 4,8 4,8 7 2,4 4,8 2,4 10
10,2 14,4 4,2 22 10,3 14,3 4,0 36
einschließlich 12,5 13,5 1,0 73 12,3 13,7 1,4 89
20,2 22,0 1,8 7 21,3 24,9 3,6 19

Die Nixon Fork Goldmine produziert bedeutende Nebenprodukt Kupfer und Silber. Bis zur Stilllegung des Bergwerks im Jahr 2007 , berichtete Kupfer- Produktion war £ 1.270.000 und Silber Produktion von 19.566 Unzen 106.137 Tonnen abgebaut. Historische erholt Typen sind etwa 0,6% für Kupfer und 0,18 opt Silber .

[Der Engel]

2010.06.22 17.20
Fire River Gold kündigt 67 g / t (1,95 opt) Gold über 6,3 m (20,7 ft) Nixon Fork , Alaska
VANCOUVER, BRITISH COLUMBIA - (MARKET WIRE ) - 06/18/10 - Fire River Gold Corp. (TSX VENTURE: FAU ) ( OTCQX: FVGCF ) (Pink Sheets: FVGCF ) ( FRANKFURT: FWR ) -


- 67 g / t (1,95 opt) Gold über 6,3 m (20,7 ft) in Bohrloch N07U059
- Ergebnisse stehen noch aus für 26 zusätzliche unterirdische Bohrungen und 7 weitere
Oberfläche Löcher
- 2010 Bohrprogramm geplant zu beginnen Ende Juni
- Ressourcen- Update Herbst 2010

Fire River Gold Corp (" FAU "oder das "Unternehmen" ) freut sich, hochgradige Gold- Ergebnisse bekannt geben 67 g / t (1,95 opt) Gold über 6,3 m (20,7 ft) in Bohrloch N07U059 aus der laufenden Neubewertung Programm auf seiner Nixon Fork Goldmine in Alaska Project . Das Unternehmen hat Analysenergebnisse erhalten und ausgefüllt sorgfältige Überprüfung der zwei Löcher im Jahr 2007 ( N07U059 zu N07U060 abgeschlossen). New signifikante Abschnitte beinhalten 67 g / t (1,95 opt) Gold über 6,3 m (20,7 ft) in Bohrloch N07U059 als Teil des laufenden geologischen Neubewertung Programm für die Nixon Fork Goldmine in Alaska Project . Eine vollständige Liste der signifikanten Abschnitte sind in Tabelle 1 dargestellt. Für diese beiden Bohrlöcher .


Tabelle 1: Liste der bislang nicht angekündigte Bohrungen im Jahr 2007 abgeschlossen .

-------------------------------------------------- -------------------------
Hole Von Bis Länge Länge Au Au
Nummer ( Meter) (Meter ) ( Meter ) (Meter ) (opt ) ( gpt ) Lage
-------------------------------------------------- -------------------------
N07U059 10,7 17 20,7 6,3 1,95 67 3300 Zone
-------------------------------------------------- -------------------------
N07U060 24,4 26,5 6,9 2,1 0,85 29 3300 Zone
-------------------------------------------------- -------------------------

Während 2007 und 2008 , dem früheren Betreiber abgeschlossen 9.400 Meter vom größtenteils unterirdisch Bohrstationen in 110 Löchern. Die Ergebnisse für diese Löcher wurden nicht von diesem Betreiber gemeldet und noch nie sind in einem Ressourcen- Bewertung der Mine. Die geologische Bewertung (re- Logging) von der 9400 Meter abgeschlossen ist.

Da die Ergebnisse 2007 und 2008 waren nicht früher gemeldet , einer sorgfältigen Prüfung durch FAU aller Qualitätskontrolle und Qualitätssicherung durch den früheren Betreiber genutzt wurde eingeleitet . Obwohl ursprüngliche Scheck Assays aus dem Bohrprogramm 2007 nicht dokumentiert wurden , ist es jedoch klar, dass zertifizierte Standards verwendet wurden. Das Re-Sampling -Programm von 2007 Bohrkern ist im Wesentlichen eine geänderte Feld-Duplikat Ausübung der ursprünglichen Testergebnisse .

Die Re -sampling der verbleibenden halben Kernen, wurden in vollem Umfang nur in seltenen Fällen, in denen Quartals -Kerne wurden analysiert. Probenahme von Kern- Dubletten im Vergleich zu FAU Zellstoff - Duplikate können ein hohes Maß an Variabilität in den Ergebnissen aufgrund der " Nugget Effekt "der Gold-Mineralisierung , die bei Nixon Fork tritt produzieren. Dieses Nugget Effekt war deutlich in der Bonanza Grade evident berichtet für das Jahr 2008 Bohrungen .

Es wurden alle Anstrengungen gemacht , um die vorhergehende Probe Abständen außer replizieren , wenn eine vorherige Probe überquerte eine lithologische Grenze oder mineralisiert . In diesen Fällen ist die neue 2010 Proben bei solchen Begrenzungen gekündigt wurden . Die Unterschiede in den Längen der Intervalle können für einige der Variabilität in Goldgehalte Konto. Im Allgemeinen sind die Assays im Einklang , insbesondere für einen Vergleich der Feldduplikatproben in einem hochwertigen , grobkörniges Gold System.

Diese Ergebnisse zeigen erstmals eine signifikante Diskrepanz in Check-Proben der 2007 Bohrungen im Bohrloch N07U060 . Keine signifikanten abzufangen wurde für das Intervall 24,4 bis 26,5 Metern produziert. Dieses Intervall enthielt eine heterogene Klasse von 29 g / t vom historischen Assays. Dies zeigt die Bedeutung der Due Diligence und Check -Assays .

Rück - Protokollierung und Probenentnahme aus dem historischen Kern ist von entscheidender Bedeutung zum Verständnis der Kontrolle der Gold-Mineralisierung sowie die Gewinnung des Vertrauens in die hohen Grade. Die Unterschiede in den Klassen gezeigt, sind typisch für hochwertige , Gold-Lagerstätten mit einer signifikanten Nugget -Distribution.

Weitere Details entnehmen Sie bitte zur Website: FAU 's www.firerivergold.com unter News , die Ergebnisse aus der ersten Gruppe von Bohrlöchern , die geologische Neubewertung Programm , historische Stätte der Produktion , eine Beschreibung der Lagerstätten, zusätzliche Informationen zu enthalten Die QA / QC Maßnahmen und eine Beschreibung unseres Jahr 2010 anberaumte Explorations-Bohrprogramm .

Abbildung 1 . ist ein Querschnitt durch die 3300 Gold -Zone in der Crystal rückläufig. Diese Zone sowie Erweiterungen eine mögliche neue Zonen im Süden stand im Mittelpunkt eines großen Teils der unterirdischen Bohrungen für 2007. Die 3300 -Zone ist ein Rohr -like in Form und Durchmesser variiert zwischen einem Minimum von 3 Metern , so viel wie 40 Meter . Um den Abbildungen 1 und 2 finden Sie hier: http://www.firerivergold.com/s/NewsReleases.asp?ReportID=405… .

Unterirdische Bohrungen sind in der Regel in " Fan -like " -Arrays von Bohrungen fertiggestellt in Abbildung 2 zeigen . Diese Fans definieren die Grenzen der hochgradigen Zonen in der 3300 . Die meisten der Bohrungen im Jahr 2007 wurde zwischen dem 280 und 200 Levels des Crystal Rückgang abgeschlossen.

Erneut einloggen müssen und die Entnahme von 2007 und 2008 Bohrkern wurde abgeschlossen. Geologic Arbeit wird nun auf ausgewählte Gebiete konzentriert aus der pre -2007 -Core-Bibliothek , insbesondere in Bereichen von günstigen Vorgaben und Mineralisierung. Außerdem werden die Arbeiten an einem neuen Ressourcenschätzung für die Fertigstellung bis Herbst 2010 geplant beginnen.

Sonstige kurzfristige Aufgaben , die im Juni beginnen wird U Kartierungen und Probenentnahmen mit besonderem Schwerpunkt auf Fehler und Faktur Zonen werden. Außerdem werden Kernbohrungen in den späteren Teil der Juni mit der anfänglichen Konzentration auf hohe Qualität beginnt oberflächennahe Ziele.

Abbildung 2 . Typische U-Bahn -Station Fan Bohrer in der Crystal Rückgang zeigen mineralisierte Zonen . Um den Abbildungen 1 und 2 finden Sie hier: http://www.firerivergold.com/s/NewsReleases.asp?ReportID=405… .


Tabelle 2 . Ein Vergleich der Original -Tests 2007 mit dem Check -Assays
ab 2010 (Feld Duplikate) .

----------------------------------------- --------- ----------------------
CHECK ASSAYS
ORIGINAL ASSAYS Field Duplicates
Hole Von Bis Länge Au Von Bis Länge Au
Nummer ( Meter) (Meter ) (Meter ) ( gpt ) (Meter ) (Meter ) (Meter ) ( gpt )
----------------------------------------- --------- ----------------------
N07U059 10,7 17 6,3 67 10,7 16,8 6,1 55
N07U060 24,4 26,5 2,1 29,1 24,4 26,5 2,1 NSI

Die Nixon Fork Goldmine produziert bedeutende Nebenprodukt Kupfer und Silber. Bis zur Stilllegung des Bergwerks im Jahr 2007 , berichtete Kupfer- Produktion war £ 1.270.000 und Silber Produktion von 19.566 Unzen 106.137 Tonnen abgebaut. Historische erholt Typen sind etwa 0,6% für Kupfer und 0,18 opt Silber .

Das Projekt wird von Richard Goodwin , P. Eng , Vizepräsident für Bergbau Fire River Gold verwaltet und ist die qualifizierte Person für diese Pressemitteilung .

[Der Engel]

2010.06.22 21.47
Fire River Gold Erhöht Nicht vermittelte Privatplatzierung Platzier um US $ 5,5 Mio.


VANCOUVER, BRITISH COLUMBIA - (MARKET WIRE ) - 06/22/10 - Fire River Gold Corp. (TSX VENTURE: FAU) ( OTCQX: FVGCF ) (FRANKFURT: FWR ) ( " FAU "oder das "Unternehmen" ) möchte , dass im Anschluss an die Pressemitteilung vom 18. Juni 2010 bekannt zu geben, über eine nicht vermittelte Privatplatzierung von 6.000.000 Einheiten für einen Gesamterlös von $ 3.000.000 , möchte das Unternehmen die Finanzierung der nicht- vermittelten Privatplatzierung zu 11.000.000 Units für einen Gesamterlös von 5.500.000 $ unterliegt der behördlichen Genehmigung zu erhöhen. Alle weiteren Informationen aus der Pressemitteilung vom 18. Juni 2010 bleibt die gleiche.

Über Fire River Gold Corp

Fire River Gold Corp IST EIN kurzfristig Produktionsunternehmen mit Einem überlegenen Technischen Team Bringt seins Flaggschiff -Projekt konzentriert , sterben Nixon Fork Goldmine, Wieder sterben in Produktion innerhalb der nächsten 12 Monate . Die Nixon Fork Goldmine IST EIN Vollständig verboten und verklebt Goldmine mit VERGANGENHEIT Produktion von durchschnittlich 1,4 opt -Werte (42 g / t). Hotelausstattung AUF DIE Nixon Fork Goldmine gehören Eine 200 t / d floatation Anlage mit Einem Schwerpunkt Gold und entsprechend der Nachfrage Schaltung Einer Sulfid - Flotation Schaltung . Im Jahr 2008 Verwaltungsgemeinschaft Würde Ein CIL Gold Auslaugung Schaltung Gekauft und ca . 60% Die installierte . Die Mine Gehört Auch eine Flotte von Bergbau- Fahrzeuge , EIn in sIch geschlossenes Kraftwerk, sterben Instandhaltung der Anlagen, Bohrgeräte , EIN 85 Personen Lager - , Büro- und Einrichtungen Eine 1,5 km lange Landebahn . Nixon Fork ist innerhalb von Alaska's Tintina Gold Belt, der zahlreiche Weltklasse -Lagerstätten Hosts befindet . Fire River Gold IST EIN MITGLIED der International Metals Group ( www.internationalmetalsgroup.com ).

Im Namen des Board of Directors

Harry Barr , President & C.E.O.

Bestimmte Informationen bezüglich des Unternehmens , einschließlich der Beurteilung des Managements künftigen Vorhaben und Operationen , können vorausblickende Aussagen gemäß den geltenden Wertpapiergesetzen und bergen daher Risiken im Bergbau Exploration und Entwicklung , die Volatilität der Preise verbunden , Währungsschwankungen, ungenauen Ressourcenschätzungen , umweltbezogenen und Genehmigungsverfahren Risiken, um Zugang zum Arbeitsmarkt und Dienstleistungen , Wettbewerb mit anderen Unternehmen sowie Aufbringung des erforderlichen Kapitals in sich. Als Folge können die tatsächlichen Ergebnisse erheblich von jenen in den vorausschauenden Aussagen erwarteten abweichen . Eine Machbarkeitsstudie ist noch nicht abgeschlossen und es besteht keine Gewissheit, die offen gelegt werden Ziele erreicht werden oder dass die vorgeschlagenen Operationen wirtschaftlich realisierbar ist . Wir suchen sicheren Hafen.

Weder TSX Venture ExVeränderung noch IGV Verordnung Services Provider (WIE of this begriff in den Richtlinien vorliegt der TSX Venture Exchange definiert ist) übernimmt sterben verantwortung für Richtigkeit sterben Angemessenheit of this Pressemitteilung .

Kontakte:
Fire River Gold Corp
Harry Barr
President & CEO
[phone]
[phone] (FAX)
[e-mail]
www.firerivergold.com


Der Engel

[D_Rockford]

Antwort auf Beitrag Nr.: 39.723.148 von Der Engel am 22.06.10 23:40:12

11.Mio. mehr Aktien, sind immerhin 30% und das zu einem Preis zu 0,50 Can Dollar alle anderen dürfen zur Zeit 0,63-0,64 bezahlen. Ich bleibe drin aber sollte sie weiter steigen dürfen sich die PP'ler mal wieder doppelt freuen.

[Der Engel]

Antwort auf Beitrag Nr.: 39.723.784 von D_Rockford am 23.06.10 09:19:02

Hätte eigentlich auch gedacht , dass sie auf 0,50 Can Dollar zurück kommt .
Aber nein sie läuft erst ein mal weiter , selbst nach der Erhöhung der Privatplatzierung .

Am ende hatte ich wieder einmal den richtigen Riecher und die Richtige Zeit zum einsteigen !
Aber das werden wir erst noch sehen .

Der Engel

[kaliho]

APRIL 13 :
60.55 g/t Gold over 13.7 ft (4.2 m) in hole N08U028
52.9 g/t Gold over 8.8 ft (2.7 m) 8.8 ft in hole N08U031
Results pending for 86 additional holes

April 20th:
27.12 g/t Gold over 30.2 ft (9.2 m) in hole N07U024
26.18 g/t Gold over 10.8 ft (3.3 m) in hole N07U022
-- Results pending for 84 additional underground holes

April 26th
78.03 g/t Gold over 15.8 ft (4.8 m) in hole N07U050
-- including 159.71 g/t over 5.9 ft (1.8 m)
50.28 g/t Gold over 16.5 ft (4.0 m) in hole N07U052
-- Results pending for 80 additional underground holes

May 5th
128 g/t gold over 16.7 ft (5.1 m) in hole N07U048
-- including 231 g/t gold over 1.6 ft (0.5 m)
-- including 264 g/t gold over 4.9 ft (1.5 m)
-- 77 g/t gold over 4.6 ft (1.4 m) in hole N07U047
-- Results pending for 76 additional underground holes

May 13th
47 g/t gold over 13 ft (4 m) in hole N07U033
28.5 g/t gold over 15.5 ft (4.7 m) in hole N07U037
- Results pending for 79 additional holes -- Geological re-assessment work 45% complete

June 3rd
23.2 g/t gold over 40.3 ft (12.3 m) in hole N07U046
-- including 75.8 g/t gold over 9.51 ft (2.9 m)
- Results pending for 40 additional underground holes and 7 additional surface hole


June 16
-- 27 g/t gold over 24.0 m (78.7 ft) in hole N07U053
-- including 30 g/t gold over 5.1 m (16.7 ft)
-- including 82 g/t gold over 3.8 m (12.7 ft)
-- including 58 g/t gold over 2.0 m (6.56 ft)
-- 110 g/t gold over 6.7 m (22.0 ft) in hole N07U049
-- 48 g/t gold over 2.1 m (6.8 ft) in hole N07U054
-- Results pending for 28 additional underground holes and 7 additional
surface holes

June 18th
67 g/t gold over 6.3 m (20.7 ft) in hole N07U059
-- Results pending for 26 additional underground holes and 7 additional surface holes

June 21st
- 498 g/t (14.52 opt) gold over 3.0 m (9.8 ft) in hole N07U061 -- Results pending for 25 additional underground holes and 7 additional surface holes -- 2010 drill campaign scheduled to begin late June -- Resource update Fall 2010

[grasgruener]

June 21st
- 498 g/t (14.52 opt) gold over 3.0 m (9.8 ft) in hole N07U061 -- Results pending for 25 additional underground holes and 7 additional surface holes -- 2010 drill campaign scheduled to begin late June -- Resource update Fall 2010

bin sehr gespannt auf die nächsten Resultate

[kaliho]

Fire River Gold Generates Over $1 Million Revenue From Ball Mill Clean Up

VANCOUVER, BRITISH COLUMBIA--(June 30, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(PINK SHEETS:FVGCF)(FRANKFURT:FWR) (the "Company") wishes to announce that it has generated $1,082,507 of revenue from a mill clean up program at its Nixon Fork Gold Mine in Alaska. Approximately 513 kg of material was removed from behind the liners of the ball mill. This material is comprised of ground ore from mining operations, steel fragments from liner wear and worn down milling balls.

A total of 900.5 ounces of gold was recovered from 373 kg of this material. The remaining 140 kg of material is comprised of steel balls and the coarsest fraction of the mined ore. The gold content in this remaining material is not known at present. This material is being leached and payment for this fraction is expected by mid-July.

Proceeds from this sale will be used to fund ongoing exploration and development of the Nixon Fork Mining Project.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with a superior technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded gold mine with past production values averaging 1.4 opt (42 gpt). Facilities at the Nixon Fork Gold Mine include a 200 tpd floatation Plant with a gravity gold separation circuit and a sulphide floatation circuit. In 2008, a CIL gold leaching circuit was purchased and approximately 60% installed. The mine also includes a fleet of mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.5 km long landing strip. Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits. Fire River Gold is a member of the International Metals Group (www.internationalmetalsgroup.com).

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

Harry Barr, President and C.E.O.

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. We seek safe harbour.

FOR FURTHER INFORMATION PLEASE CONTACT:

Fire River Gold Corp.
Harry Barr
President & CEO
[phone]
[phone] (FAX)
[e-mail]
www.firerivergold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

[Ahorne]

Antwort auf Beitrag Nr.: 39.757.778 von kaliho am 30.06.10 15:10:46

Der erste "Revenue" aus Gold wurde generiert -> 990.5 Unzen zu 1'202 USD

Es geht voran

[kaliho]

Fire River Gold Announces 144 g/t (4.2 opt) Gold over 2.5 m (8.2 ft) Nixon Fork, Alaska

VANCOUVER, BRITISH COLUMBIA--(July 6, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(PINK SHEETS:FVGCF)(OTCQX:FVGCF)(FRANKFURT:FWR) -

144 g/t (4.2 opt) gold over 2.5 m ( 8.2 ft) in hole N07U065
including 508 g/t gold over 0.7 m (2.3 ft)
108 g/t (3.15 opt) gold over 3.0 metres (9.8 ft) in hole N07U063
Results pending for 22 additional underground holes and 7 additional surface holes
2010 drill campaign scheduled to begin early July
Resource update Fall 2010
Fire River Gold Corp. ("FAU" or the "Company") is pleased to announce continued high grade gold results of 144 (4.2 opt) gold over 2.5 metres (8.2 ft) in hole N07U065 from the ongoing re-evaluation program on the Nixon Fork Gold Mine Project in Alaska. The Company has received assay results and completed careful review of two holes completed in 2007 (N07U063 to N07U065). New significant intercepts include 108 g/t (3.15 opt) gold over 3.0 metres (9.8 ft) in hole N07U063 and 144 g/t (4.2 opt) gold over 2.5 m (8.2 ft) in hole N07U065 including 508 g/t (14.8 opt) gold over 0.7 metres (2.3 ft) as part of the ongoing geological re-evaluation program for the Nixon Fork Gold Mine Project in Alaska. A complete list of significant intercepts is provided in Table 1. for these two drill holes.

Table 1: List of Previously Unannounced Drill holes completed in 2007.
Hole Number From
(metres) To
(metres) Length
(feet) Length
(metres) Au
(opt) Au
(gpt) Location
N07U063 12.0 15.0 9.8 3.0 3.15 108 3300 zone
including 13.0 14.0 3.2 1.0 6.45 221 3300 zone
N07U064 NSI 3300 zone
N07U065 2.5 5.0 8.2 2.5 4.2 144 3300 zone
including 3.5 4.2 2.3 0.7 14.8 508 3300 zone
N07U065 33.5 34.7 3.9 1.2 0.9 29 3300 zone
During 2007 and 2008, the previous operator completed 9400 metres from mostly underground drill stations in 110 holes. The results for these holes were not reported by that operator and have never been included in a resource assessment of the mine. The geologic evaluation (re-logging) of the 9400 metres is complete.

Because the 2007 and 2008 results were not formerly reported, a careful review was initiated by FAU of all quality control and quality assurance procedures used by the former operator. Although original check assays from the 2007 drill program were not documented, it is clear that certified standards were used. The re-sampling program of the 2007 drill core is essentially a modified field duplicate exercise of the original assay results.

The re-sampling of the remaining half‐cores were fully analyzed except in rare cases where quarter‐cores were used. Sampling of core‐duplicates as compared to FAU's pulp‐duplicates can produce a high degree of variability in the results due to the ʺnugget effectʺ of gold mineralization that occurs at Nixon Fork. This nugget effect was clearly evident in the bonanza grades reported for the 2008 drilling.

Every effort has been made to replicate the previous sample intervals except when a previous sample crossed a lithological or mineralized boundary. In these cases the new 2010 samples were terminated at such boundaries. The differences in lengths of the intervals may account for some of the variability in gold grades. In general, the assays are in conformity, especially for a comparison of field duplicate samples in a high‐grade, coarse gold system.

Re-logging and sampling of the historic core is of critical importance to understanding the controls of gold mineralization as well as gaining confidence in the high grades. The differences in grades shown are typical of high grade, gold deposits with a significant nugget distribution.

For additional details, please refer to FAU's website at www.firerivergold.com in the section titled "news" which includes the results from the first group of drill holes; additional information about the geological re-assessment program; information about historic site production; a description of the deposits; additional information on the QA/QC measures and a description of our planned 2010 exploration drilling program.

Figure 1. is a cross section through the 3300 gold zone in the Crystal decline. This zone as well as extensions of potential new zones to the south, was the focus of much of the underground drilling for 2007. The 3300 zone is pipe-like in shape and varies in diameter from a minimum of three metres to as much as 40 metres. To view Figures 1 and 2, please visit the following link -http://www.firerivergold.com/s/NewsReleases.asp?ReportID=408…

Underground drilling is typically completed in 'fan-like' arrays as shown in Figure 2. These fans define the limits of the high grade zones in the 3300. Most of the drilling in 2007 was completed between the 280 and 200 levels of the Crystal decline.

Relogging and sampling of the 2007 and 2008 drill core has been completed. Geologic work will now focus on selected zones from the pre-2007 core library, particularly in areas of favourable targets and mineralization. Work will also begin on a new resource estimate scheduled for completion by Fall of 2010.

Other near term tasks that have begun are underground mapping and sampling with particular emphasis on fault and facture zones. Also, core drilling will commence in July, with the initial focus on high quality near-surface targets.

Figure 2. Typical underground fan drill station in the Crystal Mine, Nixon Fork decline showing mineralized zones. To view Figures 1 and 2, please visit the following link -http://www.firerivergold.com/s/NewsReleases.asp?ReportID=408…

Table 2: A comparison of the Original 2007 assays with the check assays from 2010 (field duplicates).
ORIGINAL ASSAYS CHECK ASSAYS
Field Duplicates
Hole From To Length Au From To Length Au
Number (metres) (metres) (metres) (gpt) (metres) (metres) (metres) (gpt)
N07U063 12.0 15.0 3.0 108 11.5 14.0 2.6 62
N07U064 NSI
N07U065 2.5 5.0 2.5 144 3.0 5.0 2.5 86
The Nixon Fork Gold Mine produced significant bi-product copper and silver. Until the closure of the mine in 2007, reported copper production was 1.27 million lbs and silver production was 19,566 ounces from 106,137 tonnes mined. Historic recovered grades are about 0.6% for copper and 0.18 opt for silver.

The project is being managed by Richard Goodwin, P.Eng, VP Mining for Fire River Gold and is the Qualified Person for this news release.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with a superior technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded gold mine with past production values averaging 1.4 opt (42 gpt). Facilities at the Nixon Fork Gold Mine include a 200 tpd floatation plant with a gravity gold separation circuit and a sulphide floatation circuit. In 2008, a CIL gold leaching circuit was purchased and approximately 60% installed. The mine also includes a fleet of mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.5 km long landing strip. Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits. Fire River Gold is a member of the International Metals Group (www.internationalmetalsgroup.com).

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

Harry Barr, President and C.E.O.

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. We seek safe harbour.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy accuracy of this release.

For more information, please contact

Fire River Gold Corp.
Harry Barr
President and C.E.O.
[phone]
[phone] (FAX)
[e-mail]
www.firerivergold.com

[Isengrad]

Antwort auf Beitrag Nr.: 39.782.446 von kaliho am 06.07.10 15:24:16

Seit wievielen Monaten schreiben die, daß in 12 Monaten mit
der Produktion begonnen werden soll?

Wann also ist der Produktionsbeginn zu erwarten?
Isi

[i5001]

Antwort auf Beitrag Nr.: 39.785.155 von Isengrad am 06.07.10 22:57:59

In der Präsentation vom Juni schreiben sie

Production possible by Spring/Summer 2011

[Isengrad]

Antwort auf Beitrag Nr.: 39.787.280 von i5001 am 07.07.10 12:57:22

Du solltest deine Mitmenschen etwas ernster nehmen.
Dann verstehst du auch besser, was passiert.

Ich habe einen Ausdruck vom 5.5.10, wo schon in den kommenden
zwölf Monaten die Produktion angekündigt wird. Die Frage von mir
war also, seit wann kündigen die diese zwölf Monate an?

Bei der IRW-News: Fire River Gold wurden auch schon sehr
hohe Bestände an Goldgehalt gemeldet, so 128g/t auf 5,1 Meter.

Damit andere diese Meldung auch finden.

Demnach sollte Produktionsbeginn also spätesten Mai 2011 sein.
Und die Goldgehalte sind unglaublich.
Mal sehen, was davon stimmt.
Isi

[i5001]

Antwort auf Beitrag Nr.: 39.790.613 von Isengrad am 07.07.10 23:15:32

Ich nehme Dich durchaus ernst. Aber das mit dem Produktionsbeginn kann man nie so genau sagen. Gold Resource hatte in 2009 den Produktionsbeginn für den 31.12.2009 angekündigt. Tatsächlich sind sie dann am 1.7.2010, also ein halbes Jahr später in Produktion gegangen. Geduld ist hier gefragt. Freuen wir uns lieber, dass hier so tolle Bohrergebnisse veröffentlicht werden, die Infrastruktur bereits vorhanden ist und somit zu sehr geringen Kosten in Produktion gegangen werden kann.

[kaliho]

Fire River Gold Corp. Hires Mine Superintendent for the Nixon Fork Gold Mine, Alaska

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 8, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(PINK SHEETS:FVGCF)(OTCQX:FVGCF)(FRANKFURT:FWR) (the "Company") wishes to announce that it has hired Mr. Leonard Therrien as its Underground Mine Superintendent. Mr. Therrien will oversee mining operations at the Nixon Fork Gold Mine situated in Alaska's Titina Gold Belt.

Mr. Therrien has extensive mine management experience, primarily in the Marathon region of Ontario, where he has worked these past 24 years. His last assignment was as Mine Superintendent of Barrick Gold Corporation's 800 tpd David Bell Mine, where he managed all aspects of underground production including production and maintenance and managed a total crew of 150 workers. Prior to this, Mr. Therrien worked at the Williams Mine, beginning as a miner and ending as Mine Contract Coordinator. Although mine production is Mr. Therrien's primary interest, he is a fully trained and registered Professional Mining Engineer (Ont), with a bachelor's degree from South Dakota School of Mines and Technology and a technical diploma from Haileybury School of Mines and Technology (Ont).

Mr. Therrien's experience with various mining methods, backfill systems, and underground construction will assist the Company to prepare the Nixon Fork Gold Mine for future production and to help guide a Preliminary Economic Assessment (PEA), which is scheduled for completion by the end of the 2010. At present there are four miners and an underground mine supervisor working at the minesite. This team is rehabilitating existing mine development, preparing the mine for underground diamond drilling this summer. This activity also prepares the mine for eventual production, which is anticipated to begin in spring or summer of 2011, subject to the results of the PEA.

"We are pleased to welcome someone with Leonard's background and experience," says Harry Barr, President and CEO. "This hiring sends an accurate statement to our shareholders that we are serious about getting this mine back into production."

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with a superior technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded gold mine with past production values averaging 1.4 opt (42 gpt). Facilities at the Nixon Fork Gold Mine include a 200 tpd floatation plant with a gravity gold separation circuit and a sulphide floatation circuit. In 2008, a CIL gold leaching circuit was purchased and approximately 60% installed. The mine also includes a fleet of mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.5 km long landing strip. Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits. Fire River Gold is a member of the International Metals Group (www.internationalmetalsgroup.com).

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

Richard Goodwin, VP Mining

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. We seek safe harbour.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact

Fire River Gold Corp.
Richard Goodwin
VP Mining
[phone]
[phone] (FAX)
[e-mail]
www.firerivergold.com

[Schirol]

Hallo, habe mir mal ein wenig Zeit genommen, um die Anzahl der Aktien, Warrants und Optionen etwas übersichtlicher zu machen, als dies aus den Mitteilungen der Company hervorgeht.

Die Zahlen sind so ungefähre Werte, da insbesondere bei den Warrants auch noch ein paar Agent's Warrants ausgegeben wurden, die zumindest in einem Fall zum Bezug von shares und weiteren daraus resultierenden Warrants berechtigen. Das könnte man auch übersichtlicher gestalten (in diesem Fall sind es 154.310 Warrants, in anderen Fällen geht es um 863, 431, 5.607 und 35.170 Warrants). In der Gesamtsumme sind diese Zahlen jedoch vernachlässigbar.

Fire River Gold (FAU) A0YED7
Share Data

Shares:
31.Okt 09 29.625.151 shares outstanding
30. April 10 36.629.547 shares outstanding
Ende Juni 10 ~58.000.000 shares outstanding incl PP bis 22. Juni 10

Warrants:
fällig zwischen Januar und Mai 2011 7.385.583 Stück à 0,40 C$
fällig zwischen Juni und September 2011 3.245.000 Stück à 0,75 C$
fällig im Oktober und November 2011 5.000.000 Stück à 0,60 C$
fällig im Dezember 2011 / Januar 2012 5.500.000 Stück à 0,75 C$
Summe: 21.130.583 Stück Ø 0,592 C$: Erlös 12,5 Mio C$
zusätzlich 1.000.000 Stück à 0,50 C$ ausgegeben bei Übernahme der MCR am 2.10.09

Optionen:
02.Okt.09 2.200.000 Stück à 0,40 zum 02.10.2014
25.Juni10 2.720.000 Stück à 0,55 zum 25.06.2015
Summe: 4.920.000 Stück

Gesamtsumme issued and outstanding shares nach Platzierung des PPs vom Juni 2010:
ca 85 Mio Shares

Interessant: zur Gründung der Firma wurden am 19. Juni 2008
4.300.000 Stücke à 0,001 C$,
weitere 1.950.000 Stücke à 0,1 C$,
sowie 1.580.000 Stücke à 0,2 C$ ausgegeben.
(Diese Stücke immerhin ohne Warrants)

Die meisten Zahlen sind aus den MD&A von Fire River Gold vom 28. Juni 2010, veröffentlicht bei www.sedar.com. Manche Summen sind von mir errechnet, auf Grundlage dieser Zahlen.

Keine Haftung für die absolute Richtigkeit dieser Aufstellung. Diese dienen nur zur ungefähren Einschätzung der Lage und können womöglich auch fehlerhaft übernommen oder unvollständig sein.


Was natürlich auffällt ist, dass uns im Jahr 2011 jede Menge Warrants fällig werden. Da muss damit gerechnet werden, dass sich dies als deutliche Bremse bezüglich der Kursentwicklung nach oben auswirken wird. Aber immerhin liegen die Warrants vom derzeitigen Kursniveau aus gesehen nicht so ganz aus der Welt.

Mir persönlich ist der Anteil der Warrants insgesamt etwas zu hoch.
Dass es auch ohne die Ausgabe von Warrants geht, zeigt z.B. Gold Resource A0LCTL.

Gruß Schirol

[sago77]

Antwort auf Beitrag Nr.: 39.807.733 von Schirol am 12.07.10 15:38:47

Danke!

[kaliho]

0.72 +0.09 +14.29% 518,000 0.72/0.61 0.75/0.3

[kaliho]

Antwort auf Beitrag Nr.: 39.835.510 von kaliho am 16.07.10 22:22:16

From Pinnacle Digest today...


Our Featured Gold Company of 2010, Fire River Gold (FAU:TSXV), Continues To Surge Higher Despite Market Collapse – Up 63%

July 16, 2010

Fire River Gold (FAU:TSXV), our Featured Gold Company of 2010, has continued to thrive in this unforgiving market. Since we introduced the company exclusively to our members on January 29, 2010, its shares have climbed 63%. Fire River has consistently delivered high-grade gold results since our coverage began and raised several million dollars as it pursues its goal of putting its Nixon Fork Gold Mine back into production. Also, since our coverage began on the company, it has managed to double its market cap in just a few short months.


We encourage all of our members to review Fire River’s progress by visiting its website at www.firerivergold.com and reading the company’s latest news releases.

[Ahorne]

Antwort auf Beitrag Nr.: 39.836.418 von kaliho am 17.07.10 12:43:16

Danach keine Wiederstände mehr... hoffe wir knacken diese Marke... (zur Zeit 0.70 CAD)

52 Week High: 0.750 CAD = All Time High
(11/25/2009)

ich wünsche Euch einen schönen Abend
Ahorne

[kaliho]

Fire River Gold 11-million-share private placement
2010-07-22 15:24 MT - Private Placement
TheTSXVenture Exchange has accepted for filing documentation with respect toa non-brokered private placement announced June 18 and June 22, 2010:
Number of shares: 11 million shares
Purchase price: 50 cents per share
Warrants: 5.5 million share-purchase warrants to purchase 5.5 million shares
Warrant exercise price: 75 cents for an 18-month period
Number of placees: 136 placees
Insiders: Canadian Gravity Recovery Inc. (Harry Barr), 20,000;293020 B.C. Ltd. (Harry Barr), 20,000;Richard Goodwin, 20,000;Robert Guanzon, 10,000;David Oakley, 50,000;Sprott Asset Management LP, 1.5 million;Linda Holmes, 10,000;Kabavest Holdings Ltd. (Kevin Lawrence), 10,000;Olav Langelaar, 30,000;Spiros Cacos, 16,000;Taryn Downing, 10,000
Finders' fees: $75,000 cash payable to Loewen, Ondaatje, McCutcheon Ltd.;3,000 shares payable to Dundee Securities Corp.;$2,500 cash payable to Macquarie Capital Markets Canada Ltd.;$33,000 cash payable to PI Financial Corp.;$15,980 cash and 23,040 shares payable to Canaccord Genuity Corp.;$60,000 cash payable to CIBC World Markets;$1,500 cash payable to Haywood Securities Inc.;$15,000 cash payable to Calico Management Corp. (Jevin Werbes);$1,250 cash payable to Alex Kuznecov

[kaliho]

Fire River Gold Corp. Closes Non-Brokered Financing for Proceeds of $5,500,000
posted on Jul 26, 10 09:00AM Use the IP Check tool [?]

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 26, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(PINK SHEETS:FVGCF)(OTCQX:FVGCF)(FRANKFURT:FWR) (the "Company") wishes to announce that further to its news releases dated June 18th and June 22nd, 2010, the Company has now completed its non-brokered private placement and accordingly has issued 11,000,000 units (the "Units") at a price of $0.50 per Unit for gross proceeds of $5,500,000. Each Unit consists of one common share and one-half of one share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share at a purchase price of $0.75 for a period of 18 months. In connection with the closing of the financing, the Company has paid $204,230 in cash and 26,040 shares in finder's fees. All of the securities issued pursuant to this private placement are subject to a hold period that expires on November 22nd, 2010.

The funds from the private placement will be used for the exploration and development of the Nixon Fork Gold Mine in Alaska, and for general corporate purposes.

About Fire River Gold

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded mine with past production values averaging 1.4 opt (42 gpt). Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits.

Fire River Gold is a member of the International Metals Group (www.internationalmetalsgroup.com).

On behalf of the Board of Directors,

Harry Barr, President & C.E.O.

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. We seek safe harbour.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact

Fire River Gold Corp.
Harry Barr
President & C.E.O.
[phone] or Toll Free: 1 800 667 1870
[phone] (FAX)
[e-mail]
www.firerivergold.com

[Ahorne]

Antwort auf Beitrag Nr.: 39.876.527 von kaliho am 26.07.10 15:03:43

Hallo Kaliho

Vielen Dank für die Eröffnung des Threat... FAU war bis jetzt lukrativ. Ich habe kürzlich 70% meiner Position mit guten Gewinn verkauft... 30 % halte ich noch...

ich hoffe das war das letzte PP...

cu

[ooy]

Antwort auf Beitrag Nr.: 39.876.564 von Ahorne am 26.07.10 15:08:46

Da werden m.E. noch Einige folgen...

[Flack]

Antwort auf Beitrag Nr.: 39.880.132 von ooy am 27.07.10 07:04:13

Genau!

Der einzige Geschäftszweck auch dieser Goldmine ist die zukzessive Verwässerung durch permanente Ausgabe neuer Aktien. Statt sich mit der Goldproduktion die Hände schmutzig zu machen, schreibt man Pressemitteilungen, gibt neue Aktie aus und stopft sich den Erlös daraus in die (Manager-)Taschen. Hände weg von dieser Abzockenbande!

Freundliche Grüße,
Flack

[ooy]

Antwort auf Beitrag Nr.: 39.880.995 von Flack am 27.07.10 10:10:11

Na, das ist aber nicht meine Meinung.
Fire River ist m.E. eine sehr gute Aktie mit hervorragenden Aussichten, die werden aber wohl noch einiges an Kapital aufbringen muessen, um die Mine in Betrieb nehmen zu koennen...

[kaliho]

VANCOUVER, BRITISH COLUMBIA--(July 27, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(PINK SHEETS:FVGCF)(FRANKFURT:FWR) ("FAU" or the "Company") is pleased to announce a diamond drill program of up to 28,000 metres has commenced at its Nixon Fork Gold Mine. Drilling is commencing on surface targets, particularly lateral or down plunge extensions of known mineralized zones which have the potential to provide additional resources to the mill. These types of targets include the Whalen, North Star, Mystery, Southern Cross, and J5A.

Following the Company's surface program, underground drilling will begin within the Crystal decline. The drill program is designed to expand resources, particularly in the area of the 3300 zone, as well as test three to four prospective zones. Mr. Will Beach, our newly hired underground supervisor, has examined the workings of the Crystal decline and found them to be in excellent condition, with only minor cleanup needed. Mr. Beach states, "The Crystal decline and associated levels can be ready for drilling immediately."

"This is an exciting time for the project. We have been very encouraged by the impressive grades in our re-evaluation work and this drill program will allow us to test and demonstrate our understanding of the ore body." Richard Goodwin, VP Mining.

Cabo Drilling Corporation of North Vancouver, British Columbia has been contracted for this work which will be conducted by a B20 equipped, customized Mini Mite drill rig. The rig is capable of both surface and underground drilling.

Drill Hole Sampling and Assaying Procedures

Samples will be taken primarily from NQ2 sized drill core. The selected sample intervals will be halved by diamond saw which will be bagged, numbered and sent to ALS Chemex laboratory of Fairbanks, Alaska. FAU logging staff will conduct a rigorous Quality Control and Quality Assurance program which will include Standards, Blanks, Checks and Duplicates as well as Screen Metallics sampling with ore zones. Check Assays will be forwarded to Acme Analytical of Vancouver. Both ALS Chemex and Acme Analytical laboratories are ISO 9001/2000 accredited.

About Cabo Drilling Corp.

Cabo Drilling Corp. is a drilling services company headquartered in North Vancouver, British Columbia, Canada. The Company provides mining related and specialty drilling services through its Canadian divisions in Surrey, British Columbia; Montréal, Quebec; Kirkland Lake, Ontario; and Springdale, Newfoundland; as well as Cabo Drilling de Mexico S.A. de C.V. of Hermosillo, Mexico; Cabo Drilling (Panama) Corp. of Panama, Republic of Panama; Cabo Drilling Spain S.L. of Sevilla, Spain; Balkan States Drilling SH.P.K. of Tirana, Albania; and Cabo Drilling (International) Inc. The Company's common shares trade on the Frankfurt Exchange under the symbol: DHL and on the TSX Venture Exchange under the symbol: CBE.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded mine with past production values averaging 1.4 opt (42 gpt). Facilities at the Nixon Fork Gold Mine include a 200 tpd floatation plant with a gravity gold separation circuit and a sulphide floatation circuit. In 2008, a CIL gold leaching circuit was purchased and approximately 60% installed. The mine also includes a fleet of mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.5 km long landing strip. In July 2010 FAU announced a diamond drill program of up to 28,000 metres initially focusing on surface targets, particularly of known mineralized zones which have the potential to provide additional resources to the mill. The underground drill program is designed to expand resources, particularly in the area of the 3300 zone, as well as test three to four prospective zones. Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits. Fire River Gold is a member of the International Metals Group (www.internationalmetalsgroup.com).

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. We seek safe harbour.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact

Fire River Gold Corp.
Harry Barr
President & C.E.O.
[phone] or Toll Free: 1 800 667 1870
[phone] (FAX)
[e-mail]
www.firerivergold.com

[Flack]

Antwort auf Beitrag Nr.: 39.883.821 von kaliho am 27.07.10 16:32:37

'...is pleased to announce a diamond drill program ...'

Nach der Aktienverwässerung folgt ein Bohrprogramm. Dieses wird dann seinerseits wiederum abjöst duch ein Aktienverwässerungsprogramm usw. usw. - bis die Taschen der Aktienäre leer und die der Manager voll sind. Danach wird dann die Mine weiterverscherbelt....

Flack

[ooy]

Antwort auf Beitrag Nr.: 39.900.329 von Flack am 29.07.10 22:05:32

Na, dann lass es halt, ich liege hier 50% vorne und glaube an weitere Kurssteigerungen.

[kaliho]

Fire River Gold Announces 20 g/t (0.58 opt) Gold Over 2.5 m (8.2 ft) at the Nixon Fork Gold Mine, Alaska

VANCOUVER, BRITISH COLUMBIA-- Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(PINK SHEETS:FVGCF)(FRANKFURT:FWR) ("FAU" or the "Company") -

20 g/t (0.58 opt) gold over 2.5 m (8.2 ft) in hole N07U068
13 g/t (0.38 opt) gold over 4.0 m (13.1 ft) in hole N07U066
Results pending for 16 additional underground holes and 7 additional surface holes
Geological re-assessment work complete for 2007 and 2008 drill holes
Drill campaign up to 28,000 metres and underground mapping has commenced
Resource update Fall 2010
Fire River Gold Corp. continues to announce high grade assay results from its Nixon Fork Gold Mine in Alaska. The Company has received assay results and completed careful review of holes 66 through 69 completed in 2007 (N07U066 to N07U069). New significant intercepts include N07U068 returning grades of 20 g/t (0.58 opt) gold over 4.0 m (13.1 ft) and N07U066 returning grades of 13 g/t (0.38 opt) gold over 4.0 m (13.1 ft) as part of the ongoing geological re-evaluation program for the Nixon Fork Gold Mine in Alaska. A complete list of significant intercepts is provided in Table 1 for these 4 drill holes; it includes results of previously reported drill holes.

Table 1: Results from holes N07U066 to N07U069

Hole Number From To Length Length Au Au Location
(metres) (metres) (feet) (metres) (opt) (gpt)
N07U066 2.0 6.0 13.1 4.0 0.38 13 3300 Zone
N07U067 0.0 1.4 4.6 1.4 0.44 15 3300 Zone
N07U068 17.4 19.9 8.2 2.5 0.58 20 3300 Zone
N07U069 4.0 6.5 8.2 2.5 0.41 14 3300 Zone
During 2007 and 2008, the previous operator completed 9400 metres from mostly underground drill stations in 110 holes. The results for these holes were not reported by that operator and have never been included in a resource assessment of the mine. The geologic evaluation (re-logging) of the 9400 metres is complete.

Because the 2007 and 2008 results were not formerly reported, a careful review was initiated by FAU of all quality control and quality assurance procedures used by the former operator. Although original check assays from the 2007 drill program were not documented, it is clear that certified standards were used. The re-sampling program of the 2007 drill core is essentially a modified field duplicate exercise of the original assay results.

The re-sampling of the remaining half cores was fully analyzed except in rare cases where quarter cores were used. Sampling of core duplicates as compared to FAU's pulp duplicates can produce a high degree of variability in the results due to the nugget effect of gold mineralization that occurs at Nixon Fork. This nugget effect was evident in the bonanza grades reported for the 2008 drilling.

Every effort has been made to replicate the previous sample intervals except when a previous sample crossed a lithological or mineralized boundary. In these cases the new 2010 samples were terminated at such boundaries. The differences in lengths of the intervals may account for some of the variability in gold grades. In general, the assays are in conformity, especially for a comparison of field duplicate samples in a high‐grade, coarse gold system.

Re-logging and sampling of the historic core is of critical importance to understanding the controls of gold mineralization as well as gaining confidence in the high grades. The differences in grades shown are typical of high grade, gold deposits with a significant nugget distribution.

To view Figure 1, please click on the following link: http://media3.marketwire.com/docs/fau83f1.pdf

For additional details, please refer to FAU's website at www.firerivergold.com in the section titled "news" which includes the results from the first group of drill holes; additional information about the geological re-assessment program; information about historic site production; a description of the deposits; additional information on the QA/QC measures and a description of our planned 2010 exploration drilling program.

Figure 1. is a cross section through the 3300 gold zone in the Crystal decline. This zone, as well as extensions of potential new zones to the south, was the focus of much of the underground drilling for 2007. The 3300 zone is pipe-like in shape and varies in diameter from a minimum of three metres to as much as 40 metres.

Underground drilling is typically completed in 'fan-like' arrays as shown in Figure 2. These fans define the limits of the high grade zones in the 3300. Most of the drilling in 2007 was completed between the 280 and 200 levels of the Crystal decline.

Relogging and sampling of the 2007 and 2008 drill core has been completed. Geologic work will now focus on selected zones from the pre-2007 core library, particularly in areas of favourable targets and mineralization. Work will also begin on a new resource estimate scheduled for completion by Fall of 2010.

Other near term tasks that have begun are underground mapping and sampling with particular emphasis on fault and fracture zones. As previously announced on July 27th, 2010, a diamond drill program of up to 28,000 metres has commenced at its Nixon Fork Gold Mine. Drilling is commencing on surface targets, particularly lateral or down plunge extensions of known mineralized zones which have the potential to provide additional resources to the mill. These types of targets include the Whalen, North Star, Mystery, Southern Cross, and J5A.

Following the Company's surface program, underground drilling will begin within the Crystal decline. The drill program is designed to expand resources, particularly in the area of the 3300 zone, as well as test three to four prospective zones. Mr. Will Beach, FAU's Underground Supervisor, has examined the workings of the Crystal decline and found them to be in excellent condition, with only minor cleanup needed. Mr. Beach states, "The Crystal decline and associated levels can be ready for drilling immediately."

To view Figure 2, please click on the following link: http://media3.marketwire.com/docs/fau83f2.pdf

Table 2. A comparison of the Original 2007 assays with the check assays from 2010 (field duplicates).

ORIGINAL ASSAYS CHECK ASSAYS
Field Duplicates
Hole From To Length Au From To Length Au
Number (metres) (metres) (metres) (gpt) (metres) (metres) (metres) (gpt)
N07U066 2 6 4 13 4 6 2 15
N07U067 0 1.4 1.4 15 0 1.4 1.4 10
N07U068 17.4 19.9 2.5 20 17 19 2 7
N07U069 4 6.5 2.5 14 4 6.5 2.5 29
The Nixon Fork Gold Mine produced significant bi-product copper and silver. Until the closure of the mine in 2007, reported copper production was 1.27 million lbs and silver production was 19,566 ounces from 106,137 tonnes mined. Historic recovered grades are about 0.6% for copper and 0.18 opt for silver.

The project is being managed by Richard Goodwin, P.Eng, VP Mining for Fire River Gold and is the Qualified Person for this news release.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded mine with past production values averaging 1.4 opt (42 gpt). Facilities at the Nixon Fork Gold Mine include a 200 tpd floatation plant with a gravity gold separation circuit and a sulphide floatation circuit. In 2008, a CIL gold leaching circuit was purchased and approximately 60% installed. The mine also includes a fleet of mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.5 km long landing strip. In July 2010 FAU announced a diamond drill program of up to 28,000 metres initially focusing on surface targets, particularly of known mineralized zones which have the potential to provide additional resources to the mill. The underground drill program is designed to expand resources, particularly in the area of the 3300 zone, as well as test three to four prospective zones. Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits. Fire River Gold Corp is a member of the International Metals Group.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

Harry Barr, President and C.E.O.

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy accuracy of this release. We seek safe harbour.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

[kaliho]

http://www.bullmarketrun.com/?p=2730

[kaliho]

Fire River Gold Announces 215 g/t (6.27 opt) Gold Over 0.2 m (0.7 ft) At the Nixon Fork Gold Mine, Alaska

- 215 g/t (6.27 opt) gold over 0.2 m (0.7 ft) in hole N07U072

- 29 g/t (0.85 opt) gold over 1.0 m (3.3 ft) in hole N07U072

- 65 g/t (1.9 opt) gold over 0.5 m (1.6 ft) in hole N07U076

- Results pending for 9 additional underground holes and 7 additional surface holes

- Geological re-assessment work complete for 2007 and 2008 drill holes

- 2010 surface drill program of up to 28,000 metres has commenced

- Resource update Fall 2010

VANCOUVER, BRITISH COLUMBIA--(Aug. 19, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(FRANKFURT:FWR) ("FAU" or the "Company") continues to announce high grade assay results from its Nixon Fork Gold Mine in Alaska. The Company has received assay results and completed careful review of holes 70 through 76 completed in 2007 (N07U070 to N07U076). New significant intercepts include N07U076 returning grades of 65 g/t (1.9 opt) gold over 0.5 m (1.6 ft), N07U072 returning grades of 215 g/t (6.27 opt) gold over 0.2 m (0.7 ft) and 29 g/t (0.85 opt) over 1.0 m (3.3 ft) as part of the ongoing geological re-evaluation program for the Nixon Fork Gold Mine in Alaska. A complete list of significant intercepts is provided in Table 1 for these seven drill holes; it includes results of previously reported drill holes.

Table 1: Results from holes N07U070 to N07U076
Hole From To Length Length Au Au
Number (metres) (metres) (feet) (metres) (opt) (gpt) Location
N07U070 0.0 1.0 3.3 1.0 0.20 7 3300 Zone
N07U070 9.5 10.4 3.0 0.9 0.20 7 3300 Zone
N07U070 28.3 29.5 3.9 1.2 0.20 7 3300 Zone
N07U071 0.0 1.3 4.2 1.3 0.21 7 adjacent to 3300
N07U072 0.0 1.0 3.3 1.0 0.85 29 3300 Zone
N07U072 7.3 7.5 0.7 0.2 6.27 215 3300 Zone
N07U073 NSI - - - - - adjacent to 3300
N07U074 29.0 31.0 6.6 2.0 0.20 7 3300 Zone
N07U075 NSI - - - - - adjacent to 3300
N07U076 2.0 2.5 1.6 0.5 1.90 65 3300 Zone
During 2007 and 2008, the previous operator completed 9400 metres from mostly underground drill stations in 110 holes. The results for these holes were not reported by that operator and have never been included in a resource assessment of the mine. The geologic evaluation (re-logging) of the 9400 metres is complete.

To view the Nixon Fork Mining Camp, please visit the following link:

http://www.firerivergold.com/s/NewsReleases.asp?ReportID=415…

Relogging and sampling of the 2007 and 2008 drill core has been completed. Geologic work is now focusing on selected zones from the pre-2007 core library, particularly in areas of favourable targets and mineralization. Work has also begin on a new resource estimate scheduled for completion by Fall of 2010.

Other near term tasks that have begun are underground mapping and sampling with particular emphasis on fault and fracture zones. As previously announced on July 27th, 2010, a diamond drill program of up to 28,000 metres has commenced at its Nixon Fork Gold Mine. Drilling is commencing on surface targets, particularly lateral or down plunge extensions of known mineralized zones which have the potential to provide additional resources to the mill. These types of targets include the Whalen, North Star, Mystery, Southern Cross, and J5A.

Following the Company's surface program, underground drilling will begin within the Crystal decline. The drill program is designed to expand resources, particularly in the area of the 3300 zone, as well as test three to four prospective zones.

Table 2. A comparison of the Original 2007 assays with the check assays from 2010
(field duplicates).
ORIGINAL ASSAYS CHECK ASSAYS
Field Duplicates
Hole From To Length Au From To Length Au
Number (metres) (metres) (metres) (gpt) (metres) (metres) (metres) (gpt)
N07U070 9.5 10.4 0.9 7 9.4 10.4 1.0 14
N07U072 0.0 1.0 1.0 29 0.0 1.0 1.0 0.4
N07U072 7.3 7.5 0.2 215 7.3 7.5 0.2 224
N07U074 29.0 31.0 2.0 7 29.0 31.0 2.0 12
N07U076 2.0 2.5 0.5 65 2.2 2.6 0.4 76
The Nixon Fork Gold Mine produced significant bi-product copper and silver. Until the closure of the mine in 2007, reported copper production was 1.27 million lbs and silver production was 19,566 ounces from 106,137 tonnes mined. Historic recovered grades are about 0.6% for copper and 0.18 opt for silver.

The project is being managed by Richard Goodwin, P.Eng, VP Mining for Fire River Gold and is the Qualified Person for this news release.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded mine with past production values averaging 1.4 opt (42 gpt). Facilities at the Nixon Fork Gold Mine include a 200 tpd flotation plant with a gravity gold separation circuit and a sulphide flotation circuit. In 2008, a CIL gold leaching circuit was purchased and approximately 60% installed. The mine also includes a fleet of mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.5 km long landing strip.

In July 2010 FAU announced a diamond drill program of up to 28,000 metres initially focusing on surface targets, particularly of known mineralized zones which have the potential to provide additional resources to the mill. The underground drill program is designed to expand resources, particularly in the area of the 3300 zone, as well as test three to four prospective zones. Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits. Fire River Gold Corp is a member of the International Metals Group.

To view the 2010 Drill Location Map, please visit the following link:

http://www.firerivergold.com/s/NewsReleases.asp?ReportID=415…

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

Harry Barr, President and C.E.O.

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek safe harbour.

For more information, please contact

Fire River Gold Corp.
Harry Barr
President and C.E.O.
[phone]
[phone] (FAX)
[e-mail]
www.firerivergold.com

[kaliho]

Antwort auf Beitrag Nr.: 40.013.483 von kaliho am 19.08.10 15:11:42

Results pending for 9 additional underground holes and 7 additional surface holes - Geological re-assessment work complete for 2007 and 2008 drill holes - 2010 surface drill program of up to 28,000 metres has commenced - Resource update Fall 2010

[kaliho]

http://smallcapepicenter.com/Documents/FAUpresentation18Aug2…

[dontoto]

Antwort auf Beitrag Nr.: 40.024.567 von kaliho am 21.08.10 11:15:26

Danke für die aktuelle Präsentation. Ich finde das Projekt sehr spannend.

Wie siehst Du die neue Mühle, die 200t+ pro Tag verarbeiten kann? Ist das ausreichend?

Ich komme da bei verschiedenen moderaten Rechenbeispielen ( 10g/t ) auf ca. 30.000 Unzen pro Jahr. Bei Cashkosten von 500 USD und einem Goldpreis von durschnittlich 1.000 USD ergibt sich eine mögliche Einnahme von 15.000.000 USD pro Jahr.

Entscheidend wird der NI 43-101 im September sein.

Kann darüberhinaus das ganze Jahr gearbeitet werden (Witterungsverhältnisse)?

[Flack]

Ganzjährig arbeiten in Alaska wird man wohl schwerlich können, aber ganzjährig neue Aktien ausgeben (ohne geldwertes Bezugsrecht für Altaktionäre) schon!

Flack

[kaliho]

Antwort auf Beitrag Nr.: 40.078.236 von Flack am 31.08.10 22:07:05

schlaumeier!!

[ooy]

Antwort auf Beitrag Nr.: 40.078.365 von kaliho am 31.08.10 22:25:56

Lass ihn doch, momentan haben wir wieder Kaufkurse...

[kaliho]

Fire River Gold Selects Snowden to Prepare Preliminary Economic Assessment...
posted on Sep 01, 10 09:03AM Use the IP Check tool [?]
Fire River Gold Selects Snowden to Prepare Preliminary Economic Assessment for the Nixon Fork Gold Mine Project, Alaska

VANCOUVER, BRITISH COLUMBIA--(Sept. 1, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(FRANKFURT:FWR) ("FAU" or the "Company") is pleased to announce that as part of its ongoing development of the Nixon Fork Gold Mine Project, the Company has engaged Snowden Mining Industry Consultants Inc. "Snowden" to prepare a Preliminary Economic Assessment (PEA) to evaluate the economic viability of resuming underground commercial production. The study will present a preliminary mine plan for the project, including dilution and recovery analysis, stoping method selection, production and development forecasts, capital and operating cost estimations, revenue projection, and a financial model. The tentative date for completion of the study is mid December 2010.

This will be the third significant technical report that the Company will publish in 2010, the first being an updated NI 43-101 Resource Estimate (scheduled for September) and the second being a PEA evaluating the completion a carbon-in-leach "CIL" circuit to reprocess the historic tailings pond. The Snowden PEA will incorporate the results of the prior two studies.

The Company is actively drilling the orebody both from surface and underground as part of a 28,000 meter drill program, which will be continued through winter and completed in spring of 2011. For timeliness, the results of this program will not be incorporated into the Snowden PEA.

About Snowden Mining Industry Consultants Inc.

Snowden is a premium provider of consulting services, technology solutions and technical training to the Mining and related sectors. During the last 22 years, it has built a track record providing clients with the information and solutions necessary to optimise their investment in the resources sector.

About Fire River Gold Corp.

Fire River Gold Corp. is a near-term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine (http://www.firerivergold.com/s/NixonFork.asp) is a fully permitted and bonded mine with past production values averaging 1.4 opt (42 gpt). Facilities at the Nixon Fork Gold Mine include a 200 tpd flotation plant with a gravity gold separation circuit and a sulphide flotation circuit. In 2008, a CIL gold leaching circuit was purchased and approximately 60% installed. The mine also includes a fleet of mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.5 km long landing strip.

In July 2010 FAU announced a diamond drill program of up to 28,000 metres initially focusing on surface targets, particularly of known mineralized zones which have the potential to provide additional resources to the mill. The underground drill program is designed to expand resources, particularly in the area of the 3300 zone, as well as test three to four prospective zones. Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits. Fire River Gold Corp. is a member of the International Metals Group (http://www.internationalmetalsgroup.com/).

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

Harry Barr, President and C.E.O.

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. We seek safe harbour.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact

Fire River Gold Corp.
Harry Barr
President and C.E.O.
[phone]
[phone] (FAX)
[e-mail]
www.firerivergold.com

[Flack]

Antwort auf Beitrag Nr.: 40.084.526 von kaliho am 01.09.10 20:01:55

Grandios! Selten so gelacht

Nachdem die Mineralisierungen die 20-cm-Länge unterschritten haben, beschloß das Management offensichtlich, keine Bohrergebnisse im Millimeterbereich zu veröffentlichen, sondern solchen blablabla-Bürokram. Wenn das mak keine Verkaufskurse sind!

Flack

[kaliho]

http://www.discoveryinvesting.com/uploads/MNs_Friday_Septemb…

[Hans60]

...............................http://www.firerivergold.com/s/Home.asp..............................

Michael Berry empfiehlt Fire River Gold!
Fire River Gold auf dem Sprung in die Produktion in Alaska
Der renommierte Analyst und FED-Berater Michael Berry besuchte kürzlich die Nixon Fork Mine des kanadischen Bergbauunternehmens Fire River Gold. Er zeigte sich sichtlich beeindruckt, was das Unternehmen aus der 2008 geschlossenen Nixon Fork Mine mittlerweile gemacht hat.
Den vollständigen Artikel lesen ...........
http://www.goldinvest.de/index.php/fire-river-gold-auf-dem-s…
Hans

[kaliho]

Fire River Gold Commences Underground Drill Program at the Nixon Fork Gold Mine

VANCOUVER, BRITISH COLUMBIA--(Sept. 7, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(FRANKFURT:FWR) ("FAU" or the "Company") is pleased to provide this update on its 28,000 metre diamond drill program at its Nixon Fork Gold Mine. The Company has been using a contract drill rig on surface through the month of August to define two zones of mineralization located approximately 2 km south of the Crystal Mine, called the North Star and Whalen deposits, which have the potential to provide additional resources to the mill. This drill will be adapted to underground drilling and moved into the Crystal mine on the completion of the surface program, tentatively planned for late November.

The Company chose to augment and provide an early start to the underground portion of the program by staffing a company-owned drill, a Hagby Onram 1000/3 that was purchased and used by the prior operator in the 2007/2008 drill program.

The early performance of the drill crews has prompted the Company to seek out and purchase a second unit and expand the mining department to accommodate four shifts of drilling per day. At present, the mine has a staff of nine mine workers, which will be expanded to accommodate this program.

All underground drilling will be from existing development and is designed to expand resources, particularly in the area of the 3300 zone, as well as test three to four prospective zones.

"This is a small but significant step for the Company, and several more will have to be taken before this mine is put back into production. However, it clearly demonstrates our commitment to manage our own mine and the confidence I have that we can." Richard Goodwin, VP Mining.

About Fire River Gold Corp.

Fire River Gold Corp. is a near-term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production by Spring/Summer 2011. The Nixon Fork Gold Mine is a permitted and bonded mine with past production values averaging 1.4 opt (42 gpt). Facilities at the Nixon Fork Gold Mine include a 200 tpd floatation plant with a gravity gold separation circuit and a sulphide floatation circuit. In 2008, a CIL gold leaching circuit was purchased and approximately 60% installed. The mine also includes a fleet of mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.5 km long landing strip. In July 2010 FAU announced a diamond drill program of up to 28,000 metres initially focusing on surface targets, particularly of known mineralized zones which have the potential to provide additional resources to the mill. The underground drill program is designed to expand resources, particularly in the area of the 3300 zone, as well as test three to four prospective zones. Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits. Fire River Gold is a member of the International Metals Group (www.internationalmetalsgroup.com).

On behalf of the Board of Directors

Harry Barr, President & C.E.O.

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. We seek safe harbour.

To view the map and photo associated with this release, please click here: http://www.firerivergold.com/s/NewsReleases.asp?ReportID=417…

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact

Fire River Gold Corp.
Harry Barr
President and C.E.O.
[phone]
[phone] (FAX)
[e-mail]
www.firerivergold.com

[Flack]

Das Management von FAU treibt einem ja die Tränen in die Augen (vor leuter Lachen):

Dach der Bürokrammeldung nun diese:
Fire River Gold Commences Underground Drill Program at the Nixon Fork Gold Mine


Mein Tip für die nächste:
Entweder:
Fire River Gold Continues Underground Drill Program at the Nixon Fork Gold MineOder:
Fire River Gold Commences new Stock Isuue Program

[dontoto]

Antwort auf Beitrag Nr.: 40.134.354 von Flack am 10.09.10 18:59:33

Haha...

derjenige der mir die Tränen in die Augen treibt vor Lachen bist Du mit diesem Kommentar...behalte deinen Humor!!!

Ich tippe eher mal darauf, dass FAU als nächstes ein Ressourcenupdate bekannt gibt.

An deiner Stelle würde ich hier eher einkaufen, denn im nächsten Jahr werden wir hier 1 Dollar mit Sicherheit sehen. Wären nur schlappe 100% ab jetzt...aber ich werde hier keinem eine Kauf- oder Verkaufsempfehlung aufs Auge drücken!

Jedenfalls werde ich mit Sicherheit noch einmal nachlegen.

Schönes WE!

[ooy]

Antwort auf Beitrag Nr.: 40.134.930 von dontoto am 10.09.10 21:05:45

Habe letzte Woche auch nochmal verteuert, die Resourcen sind echt phenomenal...

[ooy]

Fire River Gold Announces 26 g/t (0.76 opt) Gold Over 2.9 m (9.5 ft) at the Nixon Fork Gold Mine, Alaska
VANCOUVER, BRITISH COLUMBIA, Sep. 14, 2010 (Marketwire) -- Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(FRANKFURT:FWR) ("FAU" or the "Company") continues to announce high grade assay results from its on going re- evaluation program at the Nixon Fork Gold Mine situated in Alaska's Tintina Gold Belt. The Company has received assay results and completed careful review of holes 77 through 89 completed in 2007 (N07U077 to N07U089).

New significant intercepts include N07U0083 returning grades of 26 g/t (0.76 opt) gold over 2.9 m (9.5 ft), including 64 g/t (1.87 opt) over 1.0 m (3.3 ft) and intercept N07U084 returning grades of 32 g/t (0.93 opt) gold over 2.6 m (8.5 ft) as part of the geological re-evaluation program for the Nixon Fork Gold Mine in Alaska. A complete list of significant intercepts is provided in Table 1.



Table 1: Results from holes N07U077 to N07U089 ---------------------------------------------------------------------------Hole From To Length Length Au AuNumber (metres) (metres) (feet) (metres) (opt) (gpt) Location--------------------------------------------------------------------------- N07U077, 078, 079, 080 NSI 3300 Zone---------------------------------------------------------------------------N07U081 3.9 4.9 3.3 1.0 0.17 6 3300 Zone---------------------------------------------------------------------------N07U082 9.6 10.3 2.3 0.7 0.38 13 3300 Zone---------------------------------------------------------------------------N07U083 1.6 4.5 9.5 2.9 0.76 26 3300 Zone---------------------------------------------------------------------------Including 2.6 3.6 3.3 1.0 1.87 64 3300 Zone---------------------------------------------------------------------------N07U084 2.2 4.8 8.5 2.6 0.93 32 3300 Zone---------------------------------------------------------------------------N07U085 1.0 2.0 3.3 1.0 0.33 11 3300 Zone---------------------------------------------------------------------------N07U085 7.0 8.0 3.3 1.0 0.49 17 3300 Zone---------------------------------------------------------------------------N07U086 2.8 5.0 7.2 2.2 0.20 7 3300 Zone---------------------------------------------------------------------------N07U086 8.0 9.0 3.3 1.0 0.20 7 3300 Zone---------------------------------------------------------------------------N07U086 30.5 33.7 10.5 3.2 0.24 8 3300 Zone---------------------------------------------------------------------------N07U087 NSI 3300 Zone---------------------------------------------------------------------------N07U088 NSI 3300 Zone---------------------------------------------------------------------------N07U089 NSI 3300 Zone---------------------------------------------------------------------------

During 2007 and 2008, the previous operator completed 9400 metres from mostly underground drill stations in 110 holes. The results for these holes were not reported by that operator and have never been included in a resource assessment of the mine. The geologic evaluation (re-logging) of the 9400 metres is complete.

Re-logging and sampling of the 2007 and 2008 drill core has been completed. Geologic work has now been focusing on selected zones from the pre-2007 core library, particularly in areas of favourable targets and mineralization. Work has also begun on a new resource estimate scheduled for completion by fall of 2010.

Table 2 illustrates the most recent significant intercepts for drill holes re-logged and sampled during this program. These drill holes were completed in the Crystal decline around the 3300 zone near the 220 ft level. Most of the drill program completed in 2007 was designed to test projections of known mineralized zones, such as the 3300 zone with modest step-outs down and up dip as well as along strike. Step-outs ranged from 7.5 metres to more than 40 metres from known zones.



Table 2: Best Results Released To Date --------------------------------------------------------------------------- Thickness Gram -Hole # Grade (g/t) (m) meters---------------------------------------------------------------------------N07U061 498 3.0 1,494---------------------------------------------------------------------------N07U049 110 6.7 737---------------------------------------------------------------------------N07U048 128 5.1 653---------------------------------------------------------------------------N07U053 27.0 24.0 648---------------------------------------------------------------------------N08U011 140 4.6 644---------------------------------------------------------------------------N08U023 122 4.4 537---------------------------------------------------------------------------N07U059 67 6.3 422---------------------------------------------------------------------------N07U050 78 4.8 374---------------------------------------------------------------------------N07U065 144 2.5 360---------------------------------------------------------------------------N07U063 108 3.0 324---------------------------------------------------------------------------Table 3. A comparison of the Original 2007 assays with the check assays from 2010 (field duplicates)------------------------------------------- ------------------------------- CHECK ASSAYS ORIGINAL ASSAYS ------------------------------- Field Duplicates ------------------------------------------- -------------------------------Hole From To Length Au From To Length Au------------------------------------------- ------------------------------- (met- (met- (met- (met- (met- (met-Number res) res) res) (gpt) res) res) res) (gpt)------------------------------------------- ------------------------------- N07U077 NSI Intervals not reassayed------------------------------------------- ------------------------------- N07U078 NSI Intervals not reassayed------------------------------------------- ------------------------------- N07U079 NSI Intervals not reassayed------------------------------------------- ------------------------------- N07U080 NSI Intervals not reassayed------------------------------------------- ------------------------------- N07U081 3.9 4.9 1 6 4.0 4.4 0.4 47------------------------------------------- ------------------------------- N07U082 9.6 10.3 0.7 13 9.6 10.3 0.7 12------------------------------------------- ------------------------------- N07U083 1.6 4.5 2.9 26 1.5 4.5 3.0 29------------------------------------------- ------------------------------- Including 2.6 3.6 1.0 64 2.5 3.6 1.1 71------------------------------------------- ------------------------------- N07U084 2.2 4.8 2.6 32 2.3 4.8 2.5 24------------------------------------------- ------------------------------- N07U085 Intervals not reassayed------------------------------------------- ------------------------------- N07U086 2.8 5.0 2.2 7 2.8 5 2.2 2------------------------------------------- ------------------------------- N07U086 8.0 9.0 1.2 7 8.0 9.0 2 10------------------------------------------- ------------------------------- N07U086 30.5 33.7 3.2 8 30.5 33.6 3.1 2------------------------------------------- ------------------------------- N07U087 NSI Intervals not reassayed------------------------------------------- ------------------------------- N07U088 NSI Intervals not reassayed------------------------------------------- ------------------------------- N07U089 NSI Intervals not reassayed------------------------------------------- -------------------------------

Objectives: 2010/11 Drill Program

As previously announced on July 27th, 2010, and September 7th 2010, a diamond drill program of up to 28,000 metres has commenced at its Nixon Fork Gold Mine. The surface program will test to expand six known zones of mineralization which have the potential to provide additional resources to the mill. The underground portion of the drill program will focus on expanding resources, particularly in the 3300, 3500, 3100 Zone, as well as other prospective zones.

The early performance of the drill crews has prompted the Company to seek out and purchase a second unit and expand the mining department to accommodate four shifts of drilling per day. At present, the mine has a staff of nine mine workers, which will be expanded to accommodate this program.

The project is being managed by Richard Goodwin, P.Eng, V.P. Mining for Fire River Gold and is the Qualified Person for this news release.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a permitted and bonded mine with past production values averaging 1.14 opt (39 gpt). Facilities at the Nixon Fork Gold Mine include a 200 tpd flotation plant with a gravity gold separation circuit and a sulphide flotation circuit. In 2008, a CIL gold leaching circuit was purchased and approximately 60% installed. The mine also includes a fleet of mining vehicles, a self- contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.5 km long landing strip. Fire River Gold Corp is a member of the International Metals Group.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

[kaliho]

Fire River Gold Announces High-Grade Results From Whalen Zone Nixon Fork Gold

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 22, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(FRANKFURT:FWR) -

12 g/t (0.35 opt) gold over 15.5 m (50.8 ft) in hole N07007
including 85 g/t (2.48 opt) gold over 1.0 m (3.3 ft)
Re-evaluation program now complete
28,000 metre surface/underground drill program in progress
2010/11 surface/underground drill program has commenced
Resource update Fall 2010
Whalen Zone represents NEW area for further exploration

Fire River Gold Corp. ("FAU" or the "Company") is pleased to announce high grade results at the Whalen Zone from the recently completed re-evaluation program at the Nixon Fork Gold Mine Project (http://www.firerivergold.com/s/NixonFork.asp) in Alaska.

"We are excited about the Whalen Zone as this represents a completely new area for further exploration and potential mining." Harry Barr President and CEO.

The Company has received assay results and completed careful review of holes one through seven completed in 2007 (N07001 to N07007). Significant intercepts include N07U007 returning a high grade intercept of 12 g/t (0.35 opt) gold over 15.5 metres (50.8 ft) including 85 g/t (2.48 opt) gold over 1.0 metre (3.3 ft). A complete list of significant intercepts is provided in Table 1 and it includes results of previously reported drill holes.

Historical
Whalen
Drillholes Intercept
Width Metric Imperial
Hole # From
(m) To
(m) Width
(m) Grade
(g/t) Width
(ft) Grade
(opt)
N98-18 26.7 29.6 2.9 21 9.5 0.61
N90-64 72.4 73.8 1.4 26 4.6 0.76
N96-48 51.5 54.2 2.7 27 8.9 0.79
N96-49 73.8 75.0 1.2 65 3.9 1.90
84.2 85.5 1.3 37 4.3 1.208
N97-24 95.5 99.6 4.1 44 13.4 1.28
N97-29 69.5 71.6 2.1 35 6.9 1.02
N97-30 71.8 73.4 1.6 29 5.2 0.85
Significant
2007
Drillholes Intercept
Width Metric Imperial
Hole # From
(m) To
(m) Width
(m) Grade
(g/t) Width
(ft) Grade
(opt)
N07001 80.1 87.9 7.8 5 25.6 0.15
Including 80.1 81.3 1.2 25 3.9 0.73
91.1 93.3 2.2 8 7.2 0.23
98.8 101.6 2.8 9 9.2 0.26
N07007 32.5 48.0 15.5 12 50.8 0.35
Including 45.0 46.0 1.0 85 3.3 2.48
In 2007 the former operator specifically targeted the Whalen Zone and drilled 726.1 metres (2,381.6 ft) in seven surface holes, to confirm historical drill hole results and explore for additional mineralization. The results of which have never been previously disclosed to the public. Surface drilling specifically targeted the Whalen Glory Hole resource which was mined historically from 1921 to 1923 and was reported to have produced 7,400 tonnes of ore at a grades ranging from 47 g/t to 109 g/t (1.37 opt – 3.18 opt) on average with ore reaching a maximum of 277 g/t (8.08 opt) (results are compiled from historical mining and mill records).

NOTE: References made to historic mineral resource estimates are not NI 43-101 compliant and should not be relied upon and Fire River Gold does not treat them as current mineral resources.

This press release is reporting the results of re-logging and sampling of drill holes conducted in 2010. Due to the 2007 and 2008 results not being formerly reported, a careful review was initiated by FAU to review all quality control and quality assurance procedures used by the former operator.

To view "Schematic geometry of the granodiorite contact at the Whalen Glory Hole View is to the northeast projected from beneath the Surface", please click the following link: http://www.firerivergold.com/s/NewsReleases.asp?ReportID=419…

Re-logging and sampling of the historic core is of critical importance to understanding the controls of gold mineralization as well as gaining confidence in the high grades. The differences in grades shown are typical of high grade, gold deposits with a significant nugget distribution.

For additional details, please refer to FAU's website: www.firerivergold.com under news, which include the results from the first 33 holes, the geological re-assessment program, historic site production, a description of the deposits, additional information on the QA/QC measures and a description of our planned 2010 exploration drilling program.

The mineral resource estimate for 2005 (modified after Wallis et. Al.,2005) for the Whalen is an Inferred Resource of 14,000 Tonnes at a grade of 32.4 g/t for a total of 31,200 ounces gold. There has been insufficient exploration by the company to define a mineral resource at this time and it is uncertain if further exploration will result in the deposit being delineated as a mineral resource. In all respects, FAU is treating the mineral deposit on the property as an exploration target and not relying on prior estimates prepared for prior operators.

To view "2010/2011 Drill Location Map", please click the following link: http://www.firerivergold.com/s/NewsReleases.asp?ReportID=419…

Objectives About 2010/11 Drill Program

As previously announced on July 27th, 2010 (http://media3.marketwire.com/r/July272010release), and September 7th 2010 (http://media3.marketwire.com/r/September72010release), a diamond drill program of up to 28,000 metres has commenced at its Nixon Fork Gold Mine. The surface program will test to expand six known zones of mineralization which have the potential to provide additional resources to the mill. The underground portion of the drill program will focus on expanding resources, particularly in the 3300 Zone, 3500, 3100, as well as other prospective zones.

To view "Fire River Gold Nixon Fork Mine Proposed Underground Drilling 385 Level", please click the following link: http://www.firerivergold.com/s/NewsReleases.asp?ReportID=419…

The early performance of the drill crews has prompted the Company to seek out and purchase a second unit and expand the mining department to accommodate four shifts of drilling per day. At present, the mine has a staff of nine mine workers, which will be expanded to accommodate this program.

The project is being managed by Richard Goodwin, P.Eng, VP Mining for Fire River Gold and is the Qualified Person for this news release.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine (http://www.firerivergold.com/s/NixonFork.asp) is a fully permitted and bonded mine with past production values averaging 1.4 opt (42 gpt). Facilities at the Nixon Fork Gold Mine include a 200 tpd flotation plant with a gravity gold separation circuit and a sulphide flotation circuit. In 2008, a CIL gold leaching circuit was purchased and approximately 60% installed. The mine also includes a fleet of mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.5 km long landing strip. Fire River Gold Corp is a member of the International Metals Group (http://www.internationalmetalsgroup.com/).

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

Harry Barr, President & C.E.O.

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. We seek safe harbour.

The TSX Venture Exchange or its Regulation Services Provider have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.

For more information, please contact

Fire River Gold Corp.
Harry Barr
President & C.E.O.
[phone]
[phone] (FAX)
[e-mail]
www.firerivergold.com

[dontoto]

Antwort auf Beitrag Nr.: 40.194.190 von kaliho am 22.09.10 19:08:37

Hallo Kaliho,

es geht weiter vorwärts mit den schönen Bohrergebnissen. Das Ressourcenupdate sollte somit auch gut ausfallen.

Eins habe ich allerdings nicht gefunden. Kann mir jemand sagen, wie groß das Areal ist, auf welchem Fire River insgesamt sitzt?

Ich empfehle auch jedem auf die Website zu schauen, da gibt es noch einige Modellbilder im aktuellen Press Release zu bestaunen, für diejenigen, die Interesse daran haben.

Zudem frage ich mich, wann mit der Verarbeitung der 160.000 Tonnen Gestein mit 7-9g Gold pro Tonne angefangen werden kann.

Sobald das Update und die FS raus sind wird das Interesse auch deutlich größer werden und das sollte zusätzlich Schwung in die Aktie bringen. ALs ich mir damals vor 4 Monaten das erste Mal die AKtie ins Depot gelegt hatte, war die Gattung in Deutschland noch gesperrt, was immer ein gutes Zeichen ist

lg
dontoto

[kaliho]

Fire River Gold Announces Results of its Preliminary Economic Assessment for Leaching Historic Tailings at Nixon Fork Gold Mine, Alaska

VANCOUVER, BRITISH COLUMBIA--(Sept. 29, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(FRANKFURT:FWR) -

Strong potential result from PEA (Case A selected):
$3.3 M NPV and 24% IRR at $1000/oz gold price
$7.7 M NPV and 48% IRR at $1200/oz gold price
$14.2 M NPV and 81% IRR at $1500/oz gold price
Tailings pond contains:
92,000 tonnes at 7.87 g/t indicated resource (23,300 oz Au)
48,000 tonnes at 7.37 g/t inferred resource (11,400 oz Au)
Good recovery factors from leaching:
79% recovery from existing tailings
Positive impact of leaching on future mining:
~ 94 to 97% total recovery from future mined ore
New tails leaching costs at < $400/oz Au
Poised to build:
Production possible by summer 2011
Fire River Gold Corp. ("FAU" or the "Company") is pleased to announce the results of a preliminary economic assessment (PEA) for the completion of a 250 tpd cyanidation circuit and the implementation of leaching at the Nixon Fork Gold Mine in Alaska's Tintina Gold Belt. The report is entitled "A Preliminary Economic Assessment for Recovering Gold from Tailings at Nixon Fork Mine using a CIL Process" and is prepared by George Rawsthorne, P.Eng., who is independent of the Company. This Study will be included in an NI 43-101 compliant Technical Report that will be released over the next 45 days.

Conclusion:

The study demonstrates a potentially strong economic benefit to the Company for all cases studied, as shown in Table 1 below. The recommendation of the PEA is Case A, though the availability of suitable used equipment may alter these economics to the point of changing case selection.

Table 1: Summary of Economic Results by Case
Pre-tax NPV @ 5% IRR
Au Price $/oz $1,000 $1,200 $1,500 $1,000 $1,200 $1,500
Base Case $1,611 $5,897 $12,327 16% 43% 80%
Case A $3,286 $7,668 $14,241 24% 48% 81%
Case B $3,202 $7,584 $14,156 21% 42% 71%
Case C $3,384 $7,815 $14,463 22% 42% 70%
Note that this is an incremental analysis, and it is not possible to accurately incorporate taxation in this model independent of other considerations, such as exploration expenses, overhead costs, and taxation credits from historic exploration costs.

The Nixon Fork Gold Mine

The Nixon Fork Mine is primarily a gold-copper-silver project operated by Mystery Creek Resources Inc. (MCRI) which is 100% owned by Fire River Gold Corp. The Mine is located 51 km northeast of McGrath and 13 km north of Medfra in central Alaska. It is accessed by charter plane flown out of Anchorage, Fairbanks, or McGrath (see Figure 1).

Mining on the site has been ongoing for several years. The two most recent mining campaigns are shown in Table 2. As can be seen, the project is a low-tonnage high-grade operation.

Table 2: Historic Production at the Nixon Fork Mine
Tons Grade Mined Recovered
Operator Period Mined Au (opt) Au (oz) Au (oz) %
Nevada 1995 to 1999 134,902 1.2 165,130 137,749 83%
St. Andrews 2007 (5 mos) 19,957 0.5 9,955 6,775 68%
Total 154,859 1.1 175,085 144,524 83%
The mine used gravity and flotation processes for recovery of the gold in a 150 to 200 tpd processing facility located inside a sprung structure at site. The site is well equipped with an 85 man camp, 1200 m airstrip, 2.3 MW power plant, an 80,000 gallon fuel farm, maintenance facility, surface and underground mobile equipment fleets, mine dry, assay lab and technical services offices (see Figure 2 and Figure 3). The project is also fully permitted and a $3.6 M bond has been posted for reclamation.

The mine is currently being operated as an advanced stage exploration project with activities such as mine rehabilitation, diamond drilling, and sampling being done at site. At present a 28,000 m surface and underground drill program is underway with a company drill being used underground and a contractor's drill on surface.

The Plan

The Company plans to put the underground mine and mill back into production for both reprocessing historic mine tailings and resuming underground mining. To that end, it is compiling a resource estimate and preparing a mine plan. Concurrently, the Company is conducting an extensive exploration program for the purpose of expanding the mineral resources and increasing the confidence of the mine plan with infill drilling.

The Company's project development plan will be presented in three key documents as follows:

An NI 43-101 compliant resource estimate incorporating all results of prior mining and diamond drilling campaigns (to be released early October 2010)
PEA #1, detailing the completion and operation of the cyanidation plant (this Study)
PEA #2, detailing the resumption of underground mining
Additional NI 43-101 resource estimates will also be compiled, incorporating the results of the 2010 – 2011 diamond drill program, but these will not be completed in time for PEA #2.

This PEA (#1) is an intermediate step that assesses the impact of completing a cyanidation circuit in the existing mill that was started by the previous operator. This step is integral to the overall plan, as it could increase combined gold recovery significantly, from between 68 and 83% to as high as 97% (see Table 4). However, it is assessed independent of new underground production and is based solely on the recovery of gold from the existing tailings pond (though its impact on future mining is evaluated and discussed). PEA #2 will incorporate the result of PEA #1 and assess the resumption of underground mining assuming an operating cyanidation plant.

This PEA (#1) also represents an early production scenario, as it is possible that tailings will be reprocessed before the underground resumes operations. It could also be considered a "minimum production scenario" as it justifies the completion and operation of the cyanidation plant based on positive economics for recovering gold from the tailings independent of the outcome of the underground mine evaluation (PEA #2).

The second study, PEA #2, is schedule for release by year end 2010. It will be based on the October 2010 resource estimate and will therefore not include any drill results from the 2010 drilling program. It will represent a "starting point" for the Company, which will be enhanced through the course of additional exploration, ore definition, and detailed engineering which will result in a production decision for the resumption of underground mining.

Scope of the Study

The Nixon Fork Mine had two prior operating campaigns. Both utilized gravity and flotation methods for gold recovery (see Table 2). A tailings pond was created during the course of these mining campaigns (see Figure 4) that is estimated to contain 92,000 tonnes of indicated resources grading 7.87 g/t (23,300 contained ounces) and 48,000 tonnes of inferred resources grading 7.37 g.t (11,400 contained ounces). This resource was prepared September 27th, 2010 by Giroux Consultants Ltd. The complete estimate, including underground resources as well as these tailings, will be included in an NI 43-101 Technical Report that will be issued within 45 days of this release.

In 2007, the previous operator designed, procured the equipment for, and partially installed a cyanidation circuit in the mill. This study assesses the viability and economic performance for completing the cyanidation circuit and putting the operation into commercial production by re-processing the historic tailings, although the impact on future underground mining is discussed as well; recovery of gold from future underground mining could potentially be increased from 68 and 83% (see Table 2) to between 94 and 97% (see Table 4).

Through the course of work, a number of optional enhancements to the prior operator's design were detailed and analyzed for relative capital requirement, performance and efficiency, operating costs, and overall economic viability.

Operating Plan:

In both the prior (2005) and current (2010) Plan of Operations, issued to the BLM in August 2010, the plan is to empty the tailings completely through the course of the schedule, recovering the gold through a cyanidation plant followed by detox, filtration and disposal of the tailings in an existing dry stack (shown in Figure 5), which was constructed in 2007 (see Figure 5). This will be a seasonal operation, shut down for the six months per year that the pond is frozen. It will take 3.5 seasons to completely empty the pond. When underground mining resumes, the cyanidation circuit will be operated year-round, fed with the fresh flotation tailings from ongoing mining, which will also be filtered and hauled to the dry stack for disposal.

Design and Process Selection:

From 2006 to 2007, the prior operator designed, procured the equipment for, and partially constructed a 250 tpd (227 mtpd) carbon-in-leach (CIL) circuit as an addition to the existing gravity and flotation processing facility. The original sprung structure for the gravity and flotation mill was expanded by 24.4 m to accommodate this addition. Figure 6 shows the interior of the mill; the left portion of the picture shows the expansion for the new cyanidation plant and the right section shows the existing gravity and flotation mill.

The existing design (the Base Case) did not include on-site carbon stripping – all new and loaded carbon was to be flown from site without recycle. This Study determined that the economic performance of the program could be significantly improved, and three alternate cases were developed for evaluation:

Case A: Use an existing thickener after the cyanidation process to recycle cyanide solution and reduce cyanide destruct requirements; install a carbon stripping/refining circuit to recycle carbon plus an additional leach tank to increase retention time
Case B: Utilize the existing thickener plus install a new Larox filter to increase cyanide recycle with associated reagent costs savings; install carbon stripping/refining circuits to facilitate production gold bullion bars at site plus and recycle of stripped carbon rather than replace loaded carbon shipped offsite for gold recovery
Case C: Utilize the existing thickener plus install a new Larox filter for cyanide recycle and replace the carbon circuits with a Merrill Crowe (MC-zinc precipitation) system that has the potential to achieve higher recoveries because of increased retention time (slurry at 45% to 50% solids versus 40% to 45% solids for CIL)
Predicted gold recoveries from the existing tailings for the four cases are shown in Table 3.

Table 3: Project Gold Recovery by Case
Case Recovery
Base Case 77.4%
Case A 79.1%
Case B 79.1%
Case C 80.0%
Leaching recoveries are based on test work performed by the Company and prior operators at PRA Labs in Richmond BC and Phillips Enterprises LLC of Golden CO.

Recovery from ongoing mining can be predicted (subject to future testing) by considering the two prior mining campaigns, which had very different head grades. As shown on Table 4, recovery could be expected to vary between 94% and 97%.

Table 4: Projected Impact of Leaching on Prior Mining Campaigns
Tons Grade Projected Recovery (%)
Operator Period Mined Au (opt) Gravity + Flotation Leaching Total
Nevada 1995 to 1999 134,902 1.2 83% 13% 96%
St. Andrews 2007 (5 mos) 19,957 0.5 68% 25% 93%
Note – Case A is Assumed with 79.1% leach recovery on flotation tails
General arrangement (GA) drawings and flowsheets were developed for all four Cases. A typical drawing, representing the GA for Case A is shown as shown in Figure 7. Equipment was colour coded for each Case as follows:

BLACK Existing Installed Equipment
BLUE Equipment at site, not installed yet
RED New purchases
Permits

The permits to perform this work are in place, the primary permit being work is governed by Waste Management Permit 2003-DB0055, Nixon Fork Mine, issued by the Department of Environmental Conservation, Division of Water, Wastewater Discharge Program, State of Alaska on January 25, 2006 (the WMP).

Schedule

Plant construction is estimated to require five months and, as most construction is indoors, can be completed over the winter, providing an operational plant by May 2011. A summary schedule is shown as Figure 8. The last construction items will be the pipeline and pumping system for the tailings pond, as they will not be started until the snow clears in the spring of 2011. These are shown as critical path items on the schedule.

A six week lag has been allowed between the start of production and receipt of the first revenue payment. Working capital was estimated based on this duration.

Economic Evaluation: The capital costs are presented by case in Table 5.

Table 5: Capital Cost Estimates by Option ($000)
Base Case Case Case
Item Case A B C
Equipment 1,613 2,293 3,165 3,267
Labour 1,541 1,729 2,041 2,148
Owner's Costs 635 700 760 808
Indirects 454 518 550 550
Subtotal 4,243 5,240 6,517 6,773
Contingency 878 1,056 1,262 1,307
Total Capital 5,121 6,296 7,778 8,080
Working Capital 1,504 1,334 1,193 1,169
Total Cap + WC 6,624 7,630 8,971 9,250
incl. Cont 1,225 1,364 1,537 1,577
22.7% 21.8% 20.7% 20.6%
Only new equipment was assumed and quotes were obtained for all significant items. Labour is based on use of a construction contractor. Labour requirements and rates are based on written quotations by two independent construction companies.

Owner's costs and indirect costs are based on current invoicing and current employee wages. Contingencies have been applied in the following manner;

Equipment and material costs with quotations carry an additional 15%
Labour cost quotations carry an additional 15%. The base labour rate contains an allowance ($9.42 /hr) to cover for tool and equipment rental
Equipment, material and labour allowances carry 30% to cover the higher contingency on these less defined items
Working capital includes 30% contingency
Despite the fact that this is a preliminary economic assessment, the Company elected to provide a capital estimate that was more detailed and better supported than the minimum requirements of a lower level study. This was accomplished by seeking quotes for nearly all new equipment, quotes for construction labour, and by using current invoice pricing as the basis of costs wherever possible, particularly for wages and supplies. As a result of this added detail, the contingency applied to the capital costs, at 21 to 23%, is lower than may be expected in a typical PEA estimate, where an average of 30% contingency could be appropriate.

Working capital estimates are based on 1.5 months of operating costs. The summary of operating costs is shown in Table 6.

Table 6: Summary of Operating Costs by Case
Description Base Case Case A Case B Case C
Recovery 77.4% 79.1% 79.1% 80.0%
Recovered Oz/mo 1,305 1,334 1,334 1,349
Site:
Wages 153,018 153,018 144,001 144,001
Catering 19,125 19,125 17,625 17,625
Power (incremental) 99,637 99,637 99,637 99,637
Equipment (incl diesel)
FTDS haualge 22,434 22,434 22,434 22,434
Move Reagents 3,659 3,659 3,659 3,659
Indirects:
Charter 9,660 9,660 9,660 9,660
Freight - Reagents 213,055 177,146 142,413 133,368
Freight - other 2,250 2,250 2,250 2,250
Supplies:
Reagents 220,917 171,747 147,087 144,477
Maintenance 20,700 18,900 16,500 16,300
Office /computers 2,000 2,000 2,000 2,000
Assay Supplies 4,600 4,600 4,600 4,300
Subtotal $/mo 771,054 684,176 611,866 599,711
$/oz 591 513 459 445
Off Site:
Transportation:
Shipping cost to FB 6,340 207 207 210
Shipping cost to ID 25,359 4,438 4,438 4,488
Kimberly ID to UT 166
Subtotal, Off-site $/mo 31,865 4,646 4,646 4,698
$/oz 24.43 3.48 3.48 3.48
Total $/mo 802,919 688,821 616,511 604,409
$/oz 615 517 462 448
Operating costs were estimated from first principles using written quotations, current invoicing and current company wages.

Note that approximately 50% of the operating costs are associated with reagent purchase and transportation.

The Cash flow summary is shown as Table 7.

Table 7: Cash Flow Summary ($000) at $1000/oz Gold
Gold Recovery and Production
Case Economics 2010 2011 2012 2013 2014 Total
Base Case Capital -1,325 -5,300 -6,624
Revenue 7,227 7,227 7,227 4,134 25,815
Costs 4,818 4,818 4,818 2,002 16,455
Cash Flow -1,325 -2,890 2,410 2,410 2,132 2,736
Cumulative -1,325 -4,215 -1,805 605 2,736
Case A Capital -1,526 -6,104 -7,630
Revenue 7,474 7,474 7,474 4,120 26,542
Costs 4,133 4,133 4,133 1,710 14,109
Cash Flow -1,526 -2,764 3,341 3,341 2,410 4,802
Cumulative -1,526 -4,290 -949 2,392 4,802
Case B Capital -1,794 -7,177 -8,971
Revenue 7,474 7,474 7,474 4,022 26,443
Costs 3,699 3,699 3,699 1,525 12,622
Cash Flow -1,794 -3,402 3,775 3,775 2,496 4,849
Cumulative -1,794 -5,197 -1,422 2,353 4,849
Case C Capital -1849.91 -7,400 -9,250
Revenue 7,558 7,558 7,558 4,041 26,716
Costs 3,626 3,626 3,626 1,494 12373.69
Cash Flow -1,850 -3,468 3,932 3,932 2,547 5,093
Cumulative -1849.91 -5,318 -1,386 2,546 5,093
These cost estimates result in the pre-tax net present values (NPVs) and internal rate of returns (IRRs) shown on Table 1.

Sensitivity

The Pre-tax NPV was tested for sensitivity to several factors. In general a "conservative", "median", and "optimistic" rate was set for each element.

The base gold price used for the study is considered conservative at $1000/oz. Ranges of $1200 and $1500 were also tested, representing a "current" price and "optimistic" price. The sensitivity to gold price is demonstrated in Table 1, which is repeated as Table 8.

Other sensitivities were tested at a conservative gold price of $1000/oz. The trends demonstrated should be valid for all gold prices, however.

Capital costs were tested for a -5% improvement on the current estimate and a +20% overrun. Capital reductions may be possible through the use of existing equipment, an expanded owner's crew and correspondingly reduced contractor crew, and through competitive bidding of equipment, as opposed to budget pricing. The sensitivity to Capital Costs is demonstrated in Table 9. As can be seen, the project demonstrates a positive Pre-tax NPV for all cases and is not as sensitive to capital variance as other factors over the ranges tested.

Operating costs were also varied from -5% to +20%. A large percentage of the operating costs are for reagent purchase and transportation. Deviations from the predicted levels would therefore be largely driven by the efficiency of the various chemical processes, particularly leaching and detoxification. The sensitivity to Operating Costs is shown in Table 10. As can be seen, the project is most sensitive to operating costs. As approximately 50% of the operating costs are associated with reagent purchase and transportation, additional testwork is warranted to confirm and optimize reagent consumption levels.

Gold recovery has been varied from -2% to +5%, representing conservative and optimistic levels. Sensitivity to gold recovery is shown in Table 11. As can be seen, the project is not highly sensitive to metallurgical recovery over the ranges tested.

Table 8: Pre-tax NPV (at 5%) and IRR varied by Gold Price ($000)
NPV @ 5% IRR
Au Price $/oz $1,000 $1,200 $1,500 $1,000 $1,200 $1,500
Base Case $1,611 $5,897 $12,327 16% 43% 80%
Case A $3,286 $7,668 $14,241 24% 48% 81%
Case B $3,202 $7,584 $14,156 21% 42% 71%
Case C $3,384 $7,815 $14,463 22% 42% 70%
Table 9: Pre-tax NPV (at 5%) varied by Capital Cost ($000) at $1000/oz Au Table 10: Pre-tax NPV (at 5%) varied by Operating Costs ($000) at $1000/oz Au
Capital -5% 0% 20% OP COSTS -5% 0% 20%
Base Case $1,926 $1,611 $349 Base Case $2,314 $1,611 -$1,202
Case A $3,649 $3,286 $1,832 Case A $3,889 $3,286 $874
Case B $3,629 $3,202 $1,493 Case B $3,741 $3,202 $1,044
Case C $3,824 $3,384 $1,622 Case C $3,913 $3,384 $1,269
Table 11: Pre-tax NPV (at 5%) varied by Metallurgical Recovery ($000) at $1000/oz Au
RECOVERY -2% 0% 5%
Base Case $1,064 $1,611 $2,978
Case A $2,733 $3,286 $4,669
Case B $2,648 $3,202 $4,584
Case C $2,831 $3,384 $4,767
Impact on Future Mining

Beyond the immediate financial recovery from the residual gold in the tailings pond, the cyanidation plant would also positively impact ongoing mining operations by increasing gold recovery from 68 to 83% with gravity and flotation processes to as high as 97% (see Table 4) with only incremental additional costs. These are estimated based on the two prior mining campaigns to be between $317 and $369/oz Au, as shown in Table 12.

Table 12: Estimated Incremental Costs for Leaching New Ore Based on Prior Mining Campaigns
Description 1993-1998 2007
Production:
Production Rate tonnes/d 100 150
Head Grade opt 1.22 0.50
Mined Ounces oz/d 122 75
Historic Recovery % 83% 68%
Recovered oz/d 102 51
Tailings tonnes/d 91 137
Tailings opt 0.22 0.17
Tailings oz/d 20 24
Tailings oz/mo 609 717
CIL recovery % 79% 79%
CIL Production oz/d 16 19
CIL Production oz/mo 482 567
Incremental Operating Costs:
Site:
Wages CIL Operator 9,017 9,017
Catering 1,500 1,500
Power (10% of total) 12,135 12,135
Equipment (incl diesel) Move Reagents 3,659 3,659
Equipment (incl diesel) Fixed Eqt Allowance 5,000 5,000
Indirects Freight - Reagents 70,858 70,858
Indirects Freight - other 2,250 2,250
Supplies Reagents 68,699 68,699
Supplies Assay Supplies 2,000 3,000
Subtotal $/mo 175,119 176,119
Off Site:
Shipping cost to FB $/mo 84 126
Shipping cost to ID $/mo 1,795 2,693
Refining $/mo 761 896
Subtotal $/mo 2,641 3,715
Total $/mo 177,759 179,833
Total Costs $/mo 177,759 179,833
$/oz 369 317
Process Selection

Based on the analysis work, whether the gold in solution is recovered onto carbon (CIL) or by zinc precipitation (MC) will be determined after further evaluation of the availability of used equipment and ongoing testwork.

The plan would be to sequence the construction to provide for operation with the Case A circuit (cyanide recovery thickener only) and gold recovery from solution by either carbon or zinc precipitation. The addition of a filter (Case B or C) for cyanide recovery would be completed after evaluation of plant operation and/or availability of suitable used filters.

Recommendations

Establish the availability of suitable used equipment. Note that option selection could be affected by pricing and availability in the used market.
Additional testwork is needed to provide further direction for the project;

Establish the impact of finer grind on recovery versus retention time and dewatering rates (thickening and filtration)
Complete cyanidation destruction tests in conjunction on the solutions above
Complete cyanidation tests including thickening, filtering, and detox on a split between the finer and coarser fraction of the tailings sample
The use a pressure filter in the cyanide recovery circuit (Cases B and C) needs to be reviewed as the lower moisture content provided by pressure filtration may not be optimal based circuit water balances.
Selection of Case A does not preclude future modification before or after commencing production from the cyanidation plant and the mine operators should consider ongoing enhancement to the design.
Path Forward

The Company plans to complete the cyanidation plant and put the property into production for re-processing the historic tailings, independent of the timing of resuming underground mine production.

To accomplish this, the Company will engage in the following activities:

Secure the necessary funding to complete the cyanidation installation based on Case A ($7.6 M)
Continue with metallurgical testwork as described above (estimated at $50,000)
Commence detailed engineering for final design of the selected process (estimated at $75,000)
Identify and procure the equipment and materials necessary to complete the build, including an extensive search for suitable used equipment
Increase staff to manage the construction program
Assemble a construction team, which will be a combination of owner and contractor personnel
No additional feasibility analysis is planned for the cyanidation plant, though optimization will be ongoing during construction and into operations. It should be noted that the company's decision to proceed without a feasibility study represents a higher risk, as no reserves have been identified and the economics of this project are preliminary and not definitive.

The Independent QP for the PEA is George Rawsthorne, P.Eng. The Qualified Person for this press release is Richard Goodwin, P.Eng.

The PEA will be incorporated into a Technical Report, which will be filed on SEDAR within 45 days of this release.

On behalf of the Board of Directors

Richard Goodwin, P.Eng., VP Mining

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable We seek safe harbour.

Note: To view the maps and photos associated with this release, please click the following link: http://www.firerivergold.com/s/NewsReleases.asp?ReportID=421…

The TSX Venture Exchange or its Regulation Services Provider have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.

For more information, please contact

Fire River Gold Corp. Richard Goodwin, P.Eng. VP Mining [phone] [phone] (FAX) [e-mail] www.firerivergold.com

[Flack]

Antwort auf Beitrag Nr.: 40.232.950 von kaliho am 29.09.10 16:19:05

Hallo Kaliho,

das nächste mal kopierste am besten das ganze Internet hier rein - damit ich es endlich mal ausdrucken kann!

Flack
P.S. Kurs fällt weiter....

[kaliho]

Antwort auf Beitrag Nr.: 40.254.229 von Flack am 02.10.10 20:06:48

schlaumeier!!!

[kaliho]

Fire River Gold Corp. Featured in Resource World Magazine.

[kaliho]

Antwort auf Beitrag Nr.: 40.260.253 von kaliho am 04.10.10 16:49:14

http://www.firerivergold.com/i/pdf/ResourceWorld_Sep2010FAU.…

[Flack]

Antwort auf Beitrag Nr.: 40.260.259 von kaliho am 04.10.10 16:50:17

Was soll dieses Wiederaufbrühen einer Meldung vom letzten September? Durchhalteparole??

Marktmeinung heute: -3.85% auf nur noch 50 Cent.


Flack

[ooy]

Antwort auf Beitrag Nr.: 40.262.662 von Flack am 04.10.10 22:24:56

Zugekauft heute in FFM bei dieser Perle, Alles unter 1 Dollar ist ein Geschenk...

[dontoto]

Antwort auf Beitrag Nr.: 40.263.223 von ooy am 05.10.10 06:03:51

Ach Flack, wahrscheinlich bist Du ein Daytrader und musst daher jede negative Kursentwicklung dafür benutzen, um die Aktie schlecht zu machen. Schön wäre es mal, wenn Du diese negativen Äußerungen auch mal faktisch belegen könntest, indem Du z.B. sagst, das wird wahrscheinlich nichts, da der Goldpreis Mitte 2011 ( wenn Fire River mit der Produktion beginnen wird) bei 400$ steht.

Ich bin hier seit Ende April investiert und über die Performance kann ic mich nicht beschweren, zumal mein Anlagezeitraum bis Ende 2011 gilt, wenn Fire River in Produktion ist. Bislang hat das Management gute Arbeit geleistet und alle zeitlichen Abläufe eingehalten. Dieses Jahr erwarte ich noch ein Ressourcenupdate und im Februar/März wird es dann abermals spannend, wenn die weiteren Bohrergebnisse ebenfalls in das Ressourcenupdate einfliessen. Danach wird man sehen, wie sich der Kurs entwickelt.

Fakt ist aber auch, dass die Gesellschaft für den Abbau weitere Gelder benötigt und es mit hoher Wahrscheinlichkeit eine weitere Finanzierungsrunde geben wird. Diese plane ich aber ein, auch mit Kursrückschlägen, daher kann man immer wieder in einem unteren Level einsteigen.

Der große Vorteil bei Fire River, ist die schon vorhandene Infrastruktur, die alleine einen Wert von über 50 Millionen Dollar besitzt. Jeder Explorer müsste diese Finanzierung noch auf die Beine stellen. Diese Verwässerung bleibt uns erspart.

Ebenfalls wissen wir, dass sich ca. 30.000 Unzen Gold im Auffangbecken befindet und diese ebenfalls zur weiteren Finanzierung genutzt werden können. Das wären bei Cashkosten von 500 USD pro Unze und einem Goldpreis von nur 1.000 USD alleine 15 Millionen Dollar weiterer Cashflow.

Das Risiko bei diesem Explorer scheint mir, mit Ausnahme der Rohstoffpreise, relativ gering zu sein.

[Flack]

Antwort auf Beitrag Nr.: 40.264.193 von dontoto am 05.10.10 10:18:30

Die vorhandene Ausrüstung sowie die Vorräte und der hohe Goldpreis sind alles bekannte Tatsachen - dennoch fällt der Kurs pro Tag ca. 5%. Erwartet der Markt einen ähnlichen Ausgang des Ressourcenupdates wie bei MTO, der einen Kurseinbruch von ca. 25% zur Folge hatte?

Flack

[ooy]

Antwort auf Beitrag Nr.: 40.265.411 von Flack am 05.10.10 12:49:17

Ich sehe keinen vrnuenftigen Grund, diese zwei Unternehmen zu vergleichen, das kann bei jedem Explorer passieren...

[dontoto]

Antwort auf Beitrag Nr.: 40.265.411 von Flack am 05.10.10 12:49:17

Natürlich ist das Ressourcenupdate entscheidend, aber wenn man sich die vorher veröffentlichten Bohrergebnisse anschaut, dann mach ich mir da nicht wirklich Sorgen. Wo findet man denn noch solche "Highgrade" Goldvorkommen?

Schau Dir mal das gesamte Gebiet dort an, wer dort alles ist, wer wo bohrt und was für Ergebnisse dort rauskamen. Ich verweise nur auf Donlin Creek oder Fort Knox. Alles Multi-Million Ounces Gebiete, die alle im Tintina Gold Belt liegen. Ich bin mir sehr sicher, dass auch die zusätzlichen Bohrungen weitere Unzen zu den Ressourcen von Fire River beifügen werden und daher macht auch das erweiterte Bohrprogramm mächtig Sinn. Je mehr P&P nachgewiesen werden kann, umso rentabler ist das Projekt.

Ich hatte letztens das Vergnügen, den CEO von Rio Novo Gold, David Beatty, kennenzulernen. Der hat mir einiges übers Drilling erzählt.

Bis dahin heisst es abwarten.

[Flack]

Antwort auf Beitrag Nr.: 40.266.185 von dontoto am 05.10.10 14:44:29

Hallo dontoto,

einfach weitere Unzen zu den Ressourcen dazufügen hilft gar nix - siehe MTO. Die haben im letzten Ressourcenupdate die Ressourcen vervielfacht - leider ging dabei der Erzgehalt runter von vorher 4g/t auf 1g/t. Resultat: Kurssturz um 26%/tag.

Kann bei FAU genauso passieren! Dort wäre es noch viel schlimmer, da bei FAU der (derzeit reportete) Erzgehalt noch höher ist - der Absturz wäre somit noch viel schlimmer als bei MTO!

Flack

[kaliho]

Antwort auf Beitrag Nr.: 40.270.446 von Flack am 05.10.10 22:58:24

ja..... MTO ist auch unterbewertet.

[ooy]

Antwort auf Beitrag Nr.: 40.270.446 von Flack am 05.10.10 22:58:24

Waere, waere, ich versteh Deine Sichtweise nicht, wir haben hier eine Mine mit vorhandener Infrastruktur, naechstes Jahr ist mein Ziel ueber 1 Euro...

[kaliho]

Fire River Gold Announces Mineral Resource Estimate For the Nixon Fork Gold Mine

- Indicated Resources of:

-- 121,690 tonnes grading 26.9 g/t (0.78 opt) in the mines plus

-- 92,000 tonnes grading 7.9 g/t (0.23 opt) in the tailings for

-- 3,995,000 grams (128,500 ounces) of contained gold

- Inferred Resources of:

-- 70,780 tonnes grading 27.8 g/t (0.81 opt) in the mines plus

-- 48,000 tonnes grading 7.4 g/t (0.21 opt) in the tailings for

-- 2,321,000 grams (74,600 ounces) of contained gold

- 94% of all resource ounces close to existing mine development

- On going 28,000 metre drill program to expand resources

-- 92,000 tonnes grading 7.9 g/t (0.23 opt) in the tailings for

-- 3,995,000 grams (128,500 ounces) of contained gold

- Inferred Resources of:

-- 70,780 tonnes grading 27.8 g/t (0.81 opt) in the mines plus

-- 48,000 tonnes grading 7.4 g/t (0.21 opt) in the tailings for

-- 2,321,000 grams (74,600 ounces) of contained gold

- 94% of all resource ounces close to existing mine development

- On going 28,000 metre drill program to expand resources

-->

VANCOUVER, BRITISH COLUMBIA--(Oct. 6, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(FRANKFURT:FWR) ("FAU" or the "Company") is pleased to report the results of a Mineral Resource Estimation recently completed on the Nixon Fork Gold Project, located in Alaska's Tintina gold belt. The resource estimate was completed by Giroux Consultants Ltd. of Vancouver, Canada. The total Indicated Resources are 3,995,000 grams (128,500 ounces) of contained gold plus an Inferred Resource of 2,321,000 grams (74,600 ounces) of contained gold.

The resource estimate was compiled by Giroux Consultants Ltd. and is inclusive of all mining and drill information available prior to FAU taking over the project in August 2009. The resource is based on 1,233 diamond drill holes from both surface and underground sites and a total of 17,693 samples that were assayed for gold. Note that the resource estimate comprises both the lode mining (hard rock in-situ resources) and an estimate for the tailings pond, which was the basis of the recent September 2010 Preliminary Economic Assessment "PEA", (see September 29, 2010 (http://www.firerivergold.com/s/NewsReleases.asp?ReportID=421… news release).

Table 1: Resource Estimate for the Nixon Fork Mine Project, 10 g/t cut-off grade (Giroux, 2010)

Indicated Inferred
Grade Contained Gold Grade Contained Gold
Zone Tonnes g/t opt g oz Tonnes g/t opt g oz
Lode Mining:
3000 15,500 37.3 1.09 577,840 18,578 37,600 29.7 0.87 1,116,344 35,892
3300 68,900 27.5 0.80 1,891,305 60,809 20,900 29.5 0.86 617,177 19,840
3500 1,200 11.7 0.34 14,052 452 0 0.0 0.00 0 0
Whalen 630 11.2 0.33 7,056 227 10 10.2 0.30 102 3
J5 7,500 16.7 0.49 125,025 4,020 660 13.6 0.40 8,963 288
3100 560 11.3 0.33 6,350 204 410 12.4 0.36 5,076 163
Mystery 27,400 23.7 0.69 649,380 20,878 100 18.9 0.55 1,885 61
Southern Cross 11,100 19.6 0.57 218,004 7,009
Subtotal - Lode 121,690 26.9 0.78 3,271,008 105,168 70,780 27.8 0.81 1,967,551 63,256
Existing Tailings* 92,000 7.9 0.23 724,040 23,287 48,000 7.4 0.21 353,760 11,377
Total 213,690 18.7 0.55 3,995,048 128,455 118,780 19.5 0.57 2,321,311 74,633
* Existing tailings estimated using a 5 g/t cut-off grade

It is important to note that 94% of all contained gold ounces are close to current mine development or (in the case of the tailings) on surface. This demonstrates two key facts: 1) the mine is poised to resume production, and 2) how under-explored the claim is at present, as 6% of the resource estimate is shared between four prospects.

The 3300 Zone is particularly important, as it is anticipated to be the first mining zone when production resumes. Approximately 40% of the hard rock resources are in this zone. A Preliminary Economic Assessment "PEA" is planned for later this year that will evaluate the viability of resuming production mining operations. This work will be done by Snowden Mining Consultants of Vancouver.

At present, the Company is conducting a 28,000 metre diamond drill program for exploration and ore definition purposes. A contractor's drill is currently operating on surface and has completed 4 holes in the Whalen, 7 in the North Star and 5 in the Southern Cross. A Company owned drill is also operating underground and has completed 6 holes in the 3100 zone, 11 in the 3300 zone, and 3 in the 3500 and 3550 zones. The Company is currently awaiting assay results. A new resource estimate, updated from the 2010 drill results is anticipated in 2011 which will incorporate all results from the 2010 drill program.

FAU's President & CEO, Harry Barr, noted "Management is pleased with this, our first mineral resource estimate. We look forward to the results of our upcoming assessment work and to expanding this resource further by our ongoing diamond drilling program."

This resource estimate will be included in a new NI 43-101 report and posted to Sedar within 45 days of this News Release.

Objectives: 2010/11 Drill Program

As previously announced on July 27th, 2010, (http://www.firerivergold.com/s/NewsReleases.asp?ReportID=410… and September 7th 2010, (http://www.firerivergold.com/s/NewsReleases.asp?ReportID=417… a diamond drill program of up to 28,000 metres has commenced at its Nixon Fork Gold Mine. The surface program is testing to expand six known zones of mineralization which have the potential to provide additional resources to the mill. The underground portion of the drill program is focusing on expanding resources, particularly in the 3300 Zone, 3500, 3100, as well as other prospective zones.

The early performance of the drill crews has prompted the Company to seek out and purchase a second unit and expand the mining department to accommodate four shifts of drilling per day. At present, the mine has a staff of nine mine workers, which will be expanded to accommodate this program.

The Qualified Person for this news release is Richard Goodwin, P.Eng., Vice President of Mining for Fire River Gold Corp.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine (http://www.firerivergold.com/s/NixonFork.asp) is a fully permitted and bonded mine with past production values averaging 39 g/t (1.12 opt). Facilities at the Nixon Fork Gold Mine include a 200 tpd flotation plant with a gravity gold separation circuit and a sulphide flotation circuit. In 2008, a CIL gold leaching circuit was purchased and partially installed. The mine also includes a fleet of mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.5 km long landing strip. Fire River Gold Corp is a member of the International Metals Group (http://www.internationalmetalsgroup.com/).

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

Harry Barr, President and C.E.O.

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. We seek safe harbour.

Note: To view the maps and photos associated with this release, please click the following link: http://www.firerivergold.com/s/NewsReleases.asp?ReportID=422…

The TSX Venture Exchange or its Regulation Services Provider have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.

For more information, please contact

Fire River Gold Corp.
Investor Relations
[phone] or Toll Free: 1-800-667-1870
1-604-685-8045 (FAX)
[e-mail]
www.firerivergold.com
Click here to see all recent news from this company

[i5001]

Hier das neueste resource update:

Indicated Resources of:

121,690 tonnes grading 26.9 g/t (0.78 opt) in the mines plus

92,000 tonnes grading 7.9 g/t (0.23 opt) in the tailings for

3,995,000 grams (128,500 ounces) of contained gold

Inferred Resources of:

70,780 tonnes grading 27.8 g/t (0.81 opt) in the mines plus

48,000 tonnes grading 7.4 g/t (0.21 opt) in the tailings for

2,321,000 grams (74,600 ounces) of contained gold

94% of all resource ounces close to existing mine development

On going 28,000 metre drill program to expand resources

[Flack]

Antwort auf Beitrag Nr.: 40.274.721 von i5001 am 06.10.10 15:35:40

Kann einer den Ressourcenupdate noch auf Französich reinhängen?

Flack

[ooy]

Antwort auf Beitrag Nr.: 40.274.940 von Flack am 06.10.10 15:56:21

Mach dich doch einfach vom Acker...

[dontoto]

Anbei ein Interview von Richard Goodwin über den aktuellen Prozess bei Fire River. Ist auf der Website eingelassen und man kann sich das dann direkt anschauen:

www.firerivergold.com

Die Entwicklung des Goldpreises ist klasse und damit dürfte auch die Finanzierung der benötigten 7 Millionen USD geringer werden, zumal in den Tailings ja noch 30.000 Unzen rumliegen...

[sago77]

Antwort auf Beitrag Nr.: 40.298.690 von dontoto am 11.10.10 14:08:27

Wann wurde das mit den 7 Mio komuniziert?
Wurde ein Share price genannt?
Die Nachricht muß ich wohl vollkommen übersehen haben.

[dontoto]

Antwort auf Beitrag Nr.: 40.300.307 von sago77 am 11.10.10 18:23:41

Hallo Sago77,

das besagt der Press Release vom 29. September "Fire River Gold Announces Results of its Preliminary Economic Assessment for Leaching Historic Tailings at Nixon Fork Gold Mine, Alaska".

Lies Dir die mal durch und schau mal auf Seite 14. Die 7.6 Millionen USD werden für die Fertigstellung der Anlage benötigt, um die ca. 30.000 Unzen aus dem Auffangbecken abzubauen. Die Studie ist sehr interessant und aus meiner Sicht auch sehr gut für das Unternehmen. Die Studie wurde für drei verschiedene Szenarien entwickelt. Goldpreis 1000 USD, Goldpreis 1200 USD und 1500 USD. Sie ist schon bei 1000 USD wirtschaftlich genug für das Unternehmen.

Ich weiss nicht ob noch die gesamten 7.6 Millionen USD benötigt werden oder ob noch genügend KApital durch die vorherigen PPs in der Gesellschaft ist, um zumindest einen Teil davon abzudecken. Aber diese vom Vorgänger "geschenkten" 30.000 Unzen sollte man nicht unterbewerten, das zeigt auch folgender Satz aus der Studie:

"Impact on Future Mining
Beyond the immediate financial recovery from the residual gold in the tailings pond, the
cyanidation plant would also positively impact ongoing mining operations by increasing gold
recovery from 68 to 83% with gravity and flotation processes to as high as 97% (see Table 4) with
only incremental additional costs. These are estimated based on the two prior mining campaigns
to be between $317 and $369/oz Au, as shown in Table 12."

Die 7,6 Millionen würde man also wieder einspielen und die Recovery-Rate würde sich zudem signifikant für die zukünftige Produktion erhöhen. Für mich eine wirtschaftlich vernünftige Entscheidung.

[kaliho]

Antwort auf Beitrag Nr.: 40.298.690 von dontoto am 11.10.10 14:08:27

http://www.smallcapepicenter.com/executive/FAU7October2010/i…

[dontoto]

Antwort auf Beitrag Nr.: 40.304.688 von kaliho am 12.10.10 13:03:22

Danke für den direkten Link, irgendwie klappte das bei mir nicht.

Wie siehst Du denn die Studie und die Entwicklung bei FAU?

Gruß
dontoto

[sago77]

Antwort auf Beitrag Nr.: 40.303.086 von dontoto am 12.10.10 09:41:42

Vielen Dank !

[dontoto]

Antwort auf Beitrag Nr.: 40.307.397 von sago77 am 12.10.10 18:18:56

Keine Ursache,

es gibt heute ein neues INterview mit Harry Barr auf der Website: www.firerivergold.com

Harry erzählt über die Nixxon Fork Mine, sehr interessant was in den nächsten Monaten passiert. Sollte man sich mal anhören.

Gruß
dontoto

[sago77]

Antwort auf Beitrag Nr.: 40.314.587 von dontoto am 13.10.10 17:13:41

Mal was zur Charttechnik vom USD/CAD

CAD flirtet mit der Parität
Als Rohstoffwährung profitiert der CAD von den weiter steigenden Rohstoffpreisen und der insgesamt guten Grundstimmung. Der USD muss dagegen nach der Veröffentlichung des FOMC-Sitzungsprotokolls gegen nahezu alle großen Währungen Kursverluste hinnehmen; auch gegenüber dem CAD. So wurde über Nacht schon die Unterstützung bei 1,01 gebrochen und mit Schwung nimmt der CAD Fahrt auf in Richtung Parität. Das Tagestief bei USD/CAD lag mit 1,0010 nur hauchdünn über dieser vor allen Dingen psychologisch wichtigen Marke. Aktuell kommt es zu leichten Gewinnmitnahmen. Doch ein Bruch durch die 1,0000 ist wohl nur eine Frage der Zeit.

Quelle FX vom 13.10.2010

[Flack]

Antwort auf Beitrag Nr.: 40.315.609 von sago77 am 13.10.10 19:17:00

Gibts für Währungen keinen eigenen Thread???

Flack

[kaliho]

http://www.firerivergold.com/i/video/Dale_Jackson_Oct2010.mp…

[sago77]

Antwort auf Beitrag Nr.: 40.317.186 von Flack am 13.10.10 22:15:26

Für deine Inhaltslosen Postings bestimmt

[Flack]

Antwort auf Beitrag Nr.: 40.323.344 von sago77 am 14.10.10 18:21:00

Na, dann hänge ich hier in Kürze mal was zur Charttechnik Schweinebäuche vs. Lebendrind rein. Paßt dann prima zu CAD vs USD!

Flack

[ooy]

Antwort auf Beitrag Nr.: 40.328.522 von Flack am 15.10.10 12:27:12

Such dir ne Arbeit...

[sago77]

Antwort auf Beitrag Nr.: 40.328.522 von Flack am 15.10.10 12:27:12

Du scheinst anscheinend einfachste Zusammenhänge nicht zu verstehen
auch ja hätte ich fast vergessen: wieder ein Inhaltsloses Posting von dir....

[dontoto]

Antwort auf Beitrag Nr.: 40.332.645 von sago77 am 15.10.10 19:52:12

Immer wieder lustig anzusehen, wie man sich gegenseitig hochschaukeln kann.

Interessiert mich aber ehrlich gesagt überhaupt nicht. Mich interessieren die Fakten zu Fire River und die sehen gut aus. Ich denke es wird noch bis Dezember einige gute Einstiegsmöglichkeiten und einen evt. Abwärtstrend geben, wird sich aber sofort umkehren, sobald weitere gute Bohrergebnisse präsentiert werden können.

Wer nicht täglich tradet hat hier absolut kein Problem. Wenn im Sommer 2011 die ersten Unzen verkauft werden, wird man sehen, wie richtig wir heute lagen. Ich glaube bis dahin an einen Goldpreis zwischen 1.500 und 1.800 USD.

Schönes WE,
dontoto

[sago77]

Antwort auf Beitrag Nr.: 40.335.772 von dontoto am 16.10.10 17:46:49

Bleibt dann noch zu hoffe das der USD nicht mehr all zu stark
gegenüber dem CAD abwertet, würde den Erlös (bzw. die Bewertung)
für FAU schmälern.
Wünsche auch noch ein schönes WE

[Flack]

Antwort auf Beitrag Nr.: 40.338.083 von sago77 am 17.10.10 19:00:19

Na, das war wohl das absolut inhaltsloseste Posting, seit es Internet gibt!

Das Verhältnis Schweinebäuche zu Lebendrind ist mindestens so entscheidend für die Zukunbftsaussichten von FAU wie das Verhältns USD zu CAD - auch wenns einige(r) nicht verstehen.

Flack

[MrRipley]

Antwort auf Beitrag Nr.: 40.338.083 von sago77 am 17.10.10 19:00:19

Ach so?

Ich finde die Fragestellung äusserst interessant, vor allem in Hinblick auf die Frage:
Welche Produzenten aus welchen Ländern werden bei einem weiterhin schwachen Dollar übermässig profitieren!



Dabei gibt es drei Fragen zu beantworten:
- In welchem Land/jeweilige Börsennotierung der zugrunde liegenden Gesellschaft
ist die schwächste Währung gegenüber dem USD zu erwarten, und damit die geringsten Förder und Lohnkosten?!

- Welche Währung/Börsennotierung der zugrundeliegenden Gesellschaft
wird gegenüber dem USD schwächer notieren als der Euro es momentan tut?

- wo wird 1. produziert und 2., in welchem Land ist die Gesellschaft primär notiert?



Ist es der südafrikanische Rand
der Hongkong Dollar
das britische Pfund
der Australische Dollar
der kanadische Dollar
der USD (auch via ADR/GDR ausländischer Gesellschaften)
oder ist es gar der Euro,
...der hier den Vorteil für den europäischen Anleger bringt, sofern wir weiterhin von dem USD als auch in Zukunft schwächste Währung ausgehen?

Und danach seine Investments in EM-Gesellschaften auszurichten.

Fakt ist jedenfalls, dass man zuletzt in Euro gerechnet bzw mit in den USA notierten Goldgesellschaften(NYSE/AMEX/OTC) wegen der Stärke des Euro gegen den USD weniger Gewinne einfahren konnte als möglich gewesen wären.

Dumm ist natürlich, dass viele gute ausseramerikanische Werte(etwa aus Südafrika) als ADR oder GDR umsatzmässig vorwiegend in USD/USA(bzw. als russischer Wert via London als GDR aber auch dort in USD) gehandelt werden.



Sofern ich das richtig interpretiert habe(ich hoffe, es hat sich in der Schnelle kein logischer Denkfehler eingeschlichen, Hauptsache, mein Anliegen ist klar geworden), sollten wir Gesellschaften primär aus den Ländern kaufen, die in schwachen Währungsregionen notieren oder/und produzieren, oder gleich bei der einfachen Rechnung bleiben und einfach das kaufen, was günstig ist?

Hat jemand eine aktzeptable Lösung für dieses allgemeine währungstechnische Problem betreffend aller Goldminen?

[sago77]

Antwort auf Beitrag Nr.: 40.338.719 von MrRipley am 17.10.10 23:56:30

Wichtig sind die Währungen der Heimatbörse,
viele Goldwerte in CAN und AUS haben den Goldpreisanstieg
von 1180 auf 1380 überhaupt nicht nachvollzogen,
gerade weil Ihre Währung gegenüber USD aufgewertet hat.

[Flack]

Meiner Meinung nach alles Humbug!

Wenn ich Aktien einer Goldmine kaufe, dann kaufe ich indirekt soundsoviele Unzen Gold. Nach dem Kauf hat die Entwicklung der Wechselkurse zwischen irgendwelchen Fiat-Währungen keinen Einfluß mehr auf die Anzahl der Goldunzen, die ich gekauft habe. Also laßt den Unsinn mit den Wechselkursen und denkt mehr in Kategorien Lebendrind und Schweinebäuche!

Flack

[kaliho]

http://www.minesite.com/nc/minews/singlenews/article/small-b…

News

October 18, 2010
Small, But Very Profitable: Fire River’s Nixon Fork Gold Mine Moves Ever Closer To Production
By Alastair Ford


The Nixon Fork gold mine isn’t quite in production yet, but it won’t be long now. Fire River Gold, which brought the property back from the brink of obscurity a couple of years ago, has been making steady progress with redevelopment, to the point where, at the end of the summer just gone, it felt confident enough to ship a veritable who’s who of investors and commentators up to Alaska for a first hand look.

Most came away favourably impressed. Which makes it perplexing, on the face of it, that the company’s shares have been on a downward trend since then. Doubly perplexing when you consider the progress that has since been made: further drilling has intersected more good grades, a preliminary economic assessment has delivered a favourable verdict on the viability the old tailings there, and a resource update has confirmed the presence of over 128,000 indicated ounces of gold, and nearly 75,000...

<- Back to: Minesite

[sago77]

Antwort auf Beitrag Nr.: 40.347.853 von Flack am 19.10.10 11:44:55

Deine Unzen die du mit dem Erwerb deiner FAU Aktien erworben hast
sind in CAD bewertet, der Goldpreis wird in USD bewertet.
Wenn der CAD gegenüber den USD aufwertet kann der Goldpreis auf 1500 USD
steigen und deiner FAU Unzen sind trotzdem nicht mehr CAD wert (weil der USD gegenüber CAD fällt). Somit steigt die Bewertung von FAU in CAN nicht, wie es ja auch am Kurs der letzten 3 Wochen sehen kannst. Bleibt also zu hoffen das entweder sehr gute News von FAU kommen oder zumindest der USD wieder die Kurve kriegt.

[Flack]

Antwort auf Beitrag Nr.: 40.352.438 von sago77 am 19.10.10 19:51:43

Sorry, aber ich halte das alles für ausgemachten Quatsch!

Wenn meine Goldunzen, in den meisten Währungen gemessen, teurer werden, werde ich mit FAU Gewinn machen.

Wenn hingegen meine Goldunzen, in den meisten Währungen gemessen, billiger werden, werde ich mit FAU Verlust machen.

In beiden Szenarien (Goldunzen werden teurer oder billger)kann sich das Verhältnis USD gegenüber CAD positiv oder negativ entwickeln - je nachdem, welcher Zentralbankidiot grade mal meint, es wäre ne Superidee, die eigene Währung abzwerten. Was aber im Umkehrschluß bedeutet, daß für die Gewinnaussichten für FAU das Verhältnis von Schweinebäuchen zu Rinderhälften mindestens so bedeutend ist wie das von USD zu CAD.

Sorry, is aber so!

Flack

[sago77]

Antwort auf Beitrag Nr.: 40.353.974 von Flack am 19.10.10 22:55:21

"Wenn meine Goldunzen, in den meisten Währungen gemessen, teurer werden, werde ich mit FAU Gewinn machen.

Wenn hingegen meine Goldunzen, in den meisten Währungen gemessen, billiger werden, werde ich mit FAU Verlust machen."

und genau das ist was ich gemeint hatte.

Gruß Sago

[Flack]

Antwort auf Beitrag Nr.: 40.359.995 von sago77 am 20.10.10 18:29:48

Sorry, wen ich Dich mißverstanden haben sollte, aber Dein Posting ist ja auch nur zu verstehen, wenn man die eigenen Gehirnwindungen dreimal verdreht und gleichzeitig die Luft anhält!

Außerdem stimmt Dein Schlußsatz ('Bleibt also zu hoffen das entweder sehr gute News von FAU kommen oder zumindest der USD wieder die Kurve kriegt.') zumindest im zweiten Teil nicht mit meiner Meinung überein (im ersten Teil stimme ich Dir uneingeschränkt zu). Meiner Meinung nach ist es (mittel- bis langfristig) scheißegal, wie sich der USD im Verhältnis zu CAD entwickelt. Ist einfach so! Lang lebe das Verhältnis Schweinebäuche zu Lebendrind, denn dieses ist eintscheidend für die zukünftige Entwicklung der Weltwirtschaft!

Flack

[dontoto]

Antwort auf Beitrag Nr.: 40.350.861 von kaliho am 19.10.10 16:43:51

Hallo Kaliho,

danke für den Artikel.

Stelle Ihn mal komplett rein, der ist genau auf den Punkt gebracht. Wie ich schon sagte, es wird noch einige weitere gute Einstiegspunkte geben, aber für Anleger mit einem Zeithorizont bis Ende 2011 sollten diese Einstiegspunkte nutzen

Small, But Very Profitable: Fire River’s Nixon Fork Gold Mine Moves Ever Closer To Production

By Alastair Ford

The Nixon Fork gold mine isn’t quite in production yet, but it won’t be long now. Fire River Gold, which brought the property back from the brink of obscurity a couple of years ago, has been making steady progress with redevelopment, to the point where, at the end of the summer just gone, it felt confident enough to ship a veritable who’s who of investors and commentators up to Alaska for a first hand look.

Most came away favourably impressed. Which makes it perplexing, on the face of it, that the company’s shares have been on a downward trend since then. Doubly perplexing when you consider the progress that has since been made: further drilling has intersected more good grades, a preliminary economic assessment has delivered a favourable verdict on the viability the old tailings there, and a resource update has confirmed the presence of over 128,000 indicated ounces of gold, and nearly 75,000 inferred ounces.

And yet the shares have dipped from a high of over C$0.70 hit in July, to the current price of C$0.47. What’s been going on? Well, it doesn’t take an expert to make the statement that markets can be fickle when it comes to mining companies, even in an extremely bullish environment. But Fire River is currently suffering from a couple of specific disadvantages.

Although the drill results continue to pour forth, and a new 28,000 metre programme is well underway, there’s no doubt that the market perceives it as a near-term production story rather than an exploration play. So where, ask the punters, is the upside, in terms of ounces? The answer is that it’s there, both inside and outside of the current licence boundary. But it won’t be coming in any time soon. The current drill programme is shooting for a resource of the order of 400,000 or 500,000 ounces, and this in a mining jurisdiction where projects are more usually measured in multiples of millions.

A small operation in a big country just isn’t pulling in the punters right now, as the gold frenzy continues. Factor in the traditional share price dip that occurs when a company’s focus switches from exploration to development, and the recent share price weakness makes a lot more sense. Still it does look overdone, and on more than one count. Discounting Fire River because it’s small scale, misses the point. “It’s going to be a small mine, but very profitable”, says Fire River front man Spiros Cacos. It’s not size that counts, it’s profits, and with the grades that Nixon Fork has been delivering, at consistently upwards of 40 grams per tonne gold, profits should be very much on the agenda.

What’s more, the traditional dip in a company’s shares between the end of exploration and the beginning of production, as experienced by Fire River, has often been regarded by market professionals as a classic buying opportunity. In the case of Fire River, though, they’d do well to hurry up, as production from the tailings operation is slated to begin before the end of the second quarter of next year. It’s not entirely clear how widely that fact is appreciated, but once it becomes known, and once Fire River’s first revenues start coming in in the third week of June, the investment community should rapidly wake up to the new producer in their midst.

After all, it looks as though profitable gold miners will be much in demand in the weeks and months ahead, and Fire River’s tailings project alone boasts an internal rate of return (IRR) of better than 48 per cent at the current gold price. There remains, of course, the question of getting the rest of the mine into production, but on that score plenty of progress is being made too. A scoping study into the viability of the underground operation should be ready by the end of the year, and the company already has a head start on funds – there’s still C$9 million in the bank left over from a total of C$18 million raised in all of 2010. What’s more, in spite of all the talk of impending hostilities, any potential “currency war” holds little fear for Fire River. It’s raising money in Canada, but spending money in the USA.

So the way things are going, with gold on a tear, and production from Nixon Fork looming in a matter of months, the company looks like it’s already travelled a long way down the path to pure profit. There’s a little way to go yet, but before too long the mills will be turning, the CIL chugging away, and choke points ironed out. At that stage the top man on site, Richard Goodwin, will be able to look up and out at all the blue-sky exploration that lies around him. By then the shares should have re-rated to take account of the production. But who knows? – they could then re-rate again, as the company rediscovers its exploration upside. It’s an interesting time to be investing in gold miners.

Quelle: www.minesite.com

[Flack]

Antwort auf Beitrag Nr.: 40.363.768 von dontoto am 21.10.10 10:14:27

Sorry, es hilft nichts, auch noch so lange Artikel hier reinzustellen - solange der Goldpreis sinkt, sinkt auch der Kust von FAU. Heute wieder mal 5%.:O:O:O

Flack

[kaliho]

Fire River Gold Announces Non-Brokered Private Placement to Complete CIL Circuit
Fire River Gold Corp FAU
10/21/2010 8:30:20 PM
VANCOUVER, BRITISH COLUMBIA, Oct 21, 2010 (MARKETWIRE via COMTEX News Network) --
Fire River Gold Corp. (TSX VENTURE: FAU)(OTCQX: FVGCF)(FRANKFURT: FWR) (the "Company" or "FAU") wishes to announce a non-brokered private placement of up to 15,555,555 units at a purchase price of
.45 per unit for gross proceeds of up to $7,000,000.
Each unit will consist of one common share and one-half of one non-transferable share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one common share of the Company at a price of
.65 per share for 18 months, subject to accelerated expiry, such expiry being accelerated to 30 days in the event the Company's shares have closed at or above a price of
.90 per share for 10 consecutive trading days.
A finder's fee may be payable in relation to this financing, in accordance with regulatory policies. The foregoing is subject to regulatory approval.
The funds from the private placement will be used for the completion of the carbon-in-leach (CIL) circuit.
"This financing represents a "GO" decision on production at the Nixon Fork Mine site and the funds from the private placement will be used for the completion of the CIL circuit, preserving the cash on hand for ongoing development and evaluation work, diamond drilling, and to prepare the mine for the eventual resumption of production," says Harry Barr, President & CEO of Fire River Gold Corp.
For further information about the Preliminary Economic Assessment (PEA) for recovering gold from tailings at Nixon Fork Mine using conventional cyanidation processing, please refer to Fire River Gold Corp's press release dated September 29, 2010: http://www.firerivergold.com/s/NewsReleases.asp?ReportID=421…." target="_blank" rel="nofollow ugc noopener">http://www.firerivergold.com/s/NewsReleases.asp?ReportID=421….
Benefit for Future Mining
Beyond the immediate financial recovery from the residual gold in the tailings pond, the completion of the cyanidation circuit is integral to the overall plan, as it could increase the combined gold recovery of the previous two producers significantly, from between 68% and 83% to as high as 97% (see press release dated September 29, 2010: http://www.firerivergold.com/s/NewsReleases.asp?ReportID=421… with only incremental additional costs.

[Flack]

Antwort auf Beitrag Nr.: 40.375.002 von kaliho am 22.10.10 16:30:40

Na, Kapitalerhöhungen sind auch nicht dazu geeignet, dne Aktienkurs positiv zu beeinflussen....

Allenfalls kann man drauf spekulieren, daß es nach dem heftigen Einbruch gestern wieder ein bißchen nach oben gehen könnte. Aber mit solidem Investment hat das nix zu tun!

Flack

[Howto45]

Antwort auf Beitrag Nr.: 40.378.242 von Flack am 23.10.10 11:34:34

@Flack:
Diese KE ist für uns Aktionäre auf der einen Seite natürlich nicht so toll, auf der anderen Seite aber für die Kapitalbeschaffung von FAU nötig.
Nenn mir einen Explorer, der ohne KEs auskommt ?
Wenn wir den CEO mit dem "Go" für Nixon Fork beim Wort nehmen können,
ist dies aus meiner Sicht OK und wird dann auch wieder höhere Aktienkurse bringen.
Deine Aussage über "kein solides Investment" kann ich nicht nachvollziehen.
Explorer sind immer High-Risk-Investments. Bei FAU sehe ich allerdings sehr gute Chancen,
dieses Risiko sich auch mit einer schönen Rendite bezahlen zu lassen.
Wenn du das anders siehst, einfach nur verkaufen !
P.S. ich könnte noch ein paar günstige Stücke gebrauchen.

[sago77]

Antwort auf Beitrag Nr.: 40.378.242 von Flack am 23.10.10 11:34:34

Zumal unser CEO Mr. Harry G. Barr auch nicht gerade für ein solides Investment spricht
er war Gründer von:

Freegold ventures (Absturz von 15 CAD auf 0,53 CAD)
Canalaska (Absturz von 0,90 CAD auf 0,12 CAD)
EL NINO VENTURE (Absturz von 1,25 CAD auf 0,06 CAD)

Was bei allen Firmen gleich war, ist die Tatsache das die Aktionäre immer
in regelmäßigen Abständen an private placement teilhaben durften.

Hoffen wir mal das die private placement bei FAU ausschließlich dazu dienen
die Inbetriebnahme der Mine voranzutreiben und nicht dem Management dazu dient
sich die Taschen vollzustopfen.

[Flack]

Antwort auf Beitrag Nr.: 40.380.910 von sago77 am 24.10.10 18:28:24

Ich tippe mal auf Letzteres, wobei in öffentlichen Verlautbarungen natürlich auf Ersteres verwiesen wird!

Flack

[D_Rockford]

Antwort auf Beitrag Nr.: 40.384.162 von Flack am 25.10.10 14:32:28

aha

[dontoto]

Antwort auf Beitrag Nr.: 40.485.079 von D_Rockford am 09.11.10 16:46:09

wow, was ein Anstieg...allerdings kann man nicht erkennen warum? Eine offizielle PR kam noch nicht, aber so ein Volumen kommt nicht von ungefähr. Ich denke, dass auch wir es bald wissen werden. Vielleicht ist das ereiterte Bohrprogramm auf richtig gute Ergebnisse gestossen.

Jedenfalls sind schon jetzt über 1 Million Stücke bei der TSX gehandelt worden...


We will see...

[ooy]

Antwort auf Beitrag Nr.: 40.485.991 von dontoto am 09.11.10 18:09:13

Ja, endlich...
Das Nachkaufen um die 0,32 hat sich endlich gelohnt...

[Flack]

Antwort auf Beitrag Nr.: 40.486.104 von ooy am 09.11.10 18:20:04

Und schon wieder nicht....

Flack

[ooy]

Antwort auf Beitrag Nr.: 40.497.320 von Flack am 10.11.10 22:50:02

Wenn man gestern teilweise raus ist, schon...

[supernova1712]

Antwort auf Beitrag Nr.: 40.485.991 von dontoto am 09.11.10 18:09:13

das ereiterte Bohrprogramm

[kaliho]

Fire River Gold Corp. Closes First Tranche Of Non-Brokered Financing For $5.7M
posted on Nov 18, 10 04:03PM Use the IP Check tool [?]
FAU: TSX.V
FVGCF: OTCQX
FWR: FSE

VANCOUVER, Nov. 18 - Fire River Gold Corp. (TSX.V: FAU; OTCQX: FVGCF; FSE: FWR) (the "Company") wishes to announce that further to its news release dated October 21st 2010, the Company has completed the first tranche of its non-brokered private placement and has issued 12,883,083 units (the "Units") at a price of $0.45 per Unit for gross proceeds of $5,797,387.35.

Each Unit consists of one common share and one-half of one non-transferable share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one common share of the Company at a price of $0.65 per share for 18 months, subject to an accelerated expiry provision, such that, in the event that the Company's shares close at or above $0.90 per share for 10 consecutive trading days on the TSX Venture Exchange, the expiry date may be accelerated to 30 days.

All of the Common shares issued pursuant to this closing carry a legend restricting them from trading until March 19, 2011.

The funds from the private placement will be used for the completion of the carbon-in-leach (CIL) circuit.


On behalf of the Board of Directors

(signed)

Harry Barr
President and CEO

[kaliho]

Fire River Gold Reports 37 g/t Gold Over 3.6 m
posted on Nov 23, 10 09:00AM Use the IP Check tool [?]
37.0 g/t (1.07 opt) gold over 3.6 m (11.7 ft) in hole N10-007 including 77.9 g/t (2.27 opt) gold over 1.1 m (3.6 ft)
27.6 g/t (0.80 opt) gold over 1.4 m (4.6 ft) in hole N10-015
Results pending for additional surface and underground holes
28,000 metre drill program ongoing
Second diamond drill purchased and en route to mine site
FAU: TSX.V
FVGCF: OTCQX
FWR: FSE

VANCOUVER, Nov. 23 - Fire River Gold Corp. (TSX-V: FAU; OTCQX: FVGCF; FSE: FWR) ("FAU" or the "Company") is pleased to report the first results obtained from the 28,000 metre drill program at the Nixon Fork Gold Mine situated in Alaska's Tintina Gold Belt. A total of 6,700 metres have been drilled to date of which 2,400 metres were on surface. The Company has received assay results from 16 of the 19 surface drill holes.

New significant intercepts include N10-007 returning grades of 37.0 g/t (1.08 opt) gold over 3.6 m (11.7 ft) including 77.9 g/t (2.27 opt) gold over 1.1 m (3.6 ft) and drill hole N10-015 reported a grade of 27.56 g/t (0.80 opt) gold over 1.4 m (4.6 ft). N10-007 was drilled in the North Star zone which is located approximately 1800 metres from the mill and accessible by road and drill hole N10-015 was drilled at Southern Cross which is located approximately 680 metres from the mill.

The Phase I surface drilling program was completed on October 23rd and focused on drill targets with lateral or down plunge extensions of known mineralized zones delineated by historical drilling with a particular focus on targets that exhibited the potential to provide additional resources to the mill.

Three zones were targeted for a total of 19 drill holes: Whelan, North Star and Southern Cross. Four drill holes for a total of 738 metres tested the Whalen, seven drill holes for a total of 767 metres tested the North Star and eight drill holes for a total of 906 metres tested the Southern Cross zone. All zones tested during the surface drill program have not been previously been mined in the recent past and continue to demonstrate prospective areas which may provide additional mill feed to the current mine. Assay results are pending for three additional surface drill holes located at the Southern Cross zone as well as the recent 2010 underground drilling.

"These first results from our surface drilling program are encouraging," commented Richard Goodwin, VP Mining of Fire River Gold. "They demonstrate the occurrence of high grade mineralization outside of the Crystal and Mystery Mines and affirm the possibility of extending operations by continuously replacing depleted mines with new ones through ongoing exploration."

A Phase II surface drilling is anticipated to commence within the early spring of 2011 and will continue the with the Phase I objective of following up on additional targets at the Southern Cross, J5A and Mystery zones not tested within the 2010 program. Additionally, the Phase II surface program will continue to expand the prospective zones delineated by the 2010 surface drill program. Table 1. List of significant 2010 Surface Diamond drill assay results. The widths of the intercepts are not necessarily the true width of the mineralized intercept.

Hole From To Length Length Au Au Ag Ag Cu
Number (metres) (metres) (metres) (Feet) (gpt) (opt) (gpt) (opt) (%)
Whalen
N10-001 75.2 75.9 0.8 2.6 6.03 0.18 1.00 0.03 0.09
82.0 88.0 6.0 19.7 8.11 0.24 1.01 0.03 0.04
including 82.0 83.2 1.2 3.9 25.5 0.74 1.00 0.03 0.02
113.2 113.5 0.3 1.0 9.06 0.26 3.00 0.09 0.30
N10-003 120.2 124.8 4.7 15.4 4.4 0.13 0.00 0.00 0.00
N10-004 143.7 147.2 3.4 11.2 9.07 0.26 38.00 1.11 1.34
North Star
N10-006 57.3 62.9 5.6 18.4 8.93 0.26 4.56 0.13 0.25
including 59.9 60.4 0.5 1.6 86 2.51 28.00 0.82 1.61
131.6 133.0 1.4 4.6 9.69 0.28 1.00 0.03 0.10
163.3 164.2 0.9 3.0 8 0.23 1.00 0.03 0.00
N10-007 18.7 20.3 1.6 5.2 8.63 0.25 3.00 0.09 0.31
25.9 29.5 3.6 11.8 36.98 1.08 21.39 0.62 1.85
including 26.7 27.8 1.1 3.6 77.9 2.27 6.27 0.18 0.50
N10-009 41.2 48.8 7.6 24.9 10.66 0.31 12.28 0.36 0.60
65.5 66.8 1.4 4.6 9.74 0.28 14.00 0.41 0.47
Southern Cross
N10-012 32.9 35.9 3.0 9.8 9.93 0.29 13.00 0.38 0.15
27.7 29.5 1.7 5.6 6.35 0.19 8.00 0.23 0.45
N10-015 101.0 102.4 1.4 4.6 27.56 0.80 98.76 2.88 2.59
N10-018 84.4 86.3 1.9 6.2 5.3 0.15 4.32 0.13 0.24
Nixon Fork Gold Mine

The Nixon Fork Gold Mine was acquired in September 2009. From 1995 - 2007, the project produced approximately 175,000 ounces of gold at an average grade of 39 grams per ton (1.14 opt). The mining and processing facilities at Nixon Fork are permitted and bonded.

The deposit is a gold-rich copper silver skarn typical of other skarn systems found throughout the world. At Nixon Fork, the higher grades are found in steeply plunging pipe-like bodies which are oxidized to depths of up to 350 meters below the surface. Oxidization of the system has resulted both in secondary copper and gold, with high grades and a "nuggety" distribution.

To view map please visit: http://www.firerivergold.com/s/NewsReleases.asp?ReportID=430…

Objectives About 2010/11 Drill Program

As previously announced on July 27th, 2010, and September 7th 2010, a diamond drill program of up to 28,000 metres has commenced at its Nixon Fork Gold Mine. The surface program is testing to expand six known zones of mineralization which have the potential to provide additional resources to the mill. The underground portion of the drill program is focusing on expanding resources, particularly in the 3300 Zone, 3500, 3100, as well as other prospective zones.

The Company has purchased a second underground diamond drill which is currently in transport to the mine site. The second drill rig will be used to help expand the mining department to accommodate four shifts of drilling per day. At present, the mine has a staff of nine underground mine workers, which will be expanded to accommodate this program.

The Qualified Person for this news release is Richard Goodwin, P.Eng., Vice President of Mining for Fire River Gold.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded mine with past production values averaging 1.14 opt (39 gpt). Facilities at the Nixon Fork Gold Mine include a 200 tpd flotation plant with a gravity gold separation circuit and a sulphide flotation circuit. In 2008, a CIL gold leaching circuit was purchased and partially installed. The mine also includes a fleet of mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip. Fire River Gold Corp is a member of the International Metals Group.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

(signed)

Harry Barr
President and C.E.O.

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek safe harbour.

For further information:

Tel: [phone] Fax: [phone]
Email: [e-mail] or visit www.firerivergold.com
2303 West 41st Avenue, Vancouver, B.C., Canada, V6M 2A3

[Sheriff-von-Nottingham]

exzellente Ergebnisse aus meiner Sicht - da geht was voran!

[hbg55]

Antwort auf Beitrag Nr.: 40.598.168 von Sheriff-von-Nottingham am 26.11.10 15:24:20

mal schauen.......ist ja im zuge der laufenden PP gaaaanz
schön zurück gekommen.......




RT....cad 0,48

[hbg55]

Antwort auf Beitrag Nr.: 40.624.564 von hbg55 am 01.12.10 16:05:53

MIR scheint auf diesem level frische nachfrage aufzukommen.....


Recent Trades - Last 10 of 16
Time ET Ex Price Change Volume Buyer Seller Markers

13:14:22 V 0.495 0.01 5,000 7 TD Sec 7 TD Sec K
13:14:22 V 0.495 0.01 5,000 7 TD Sec 7 TD Sec K
13:14:22 V 0.495 0.01 10,000 7 TD Sec 54 Global K
12:37:18 V 0.495 0.01 5,000 7 TD Sec 7 TD Sec K
12:37:18 V 0.495 0.01 5,000 7 TD Sec 7 TD Sec K
12:21:41 V 0.49 0.005 2,000 7 TD Sec 7 TD Sec K
12:21:41 V 0.49 0.005 1,500 7 TD Sec 7 TD Sec K
12:21:41 V 0.49 0.005 3,500 7 TD Sec 1 Anonymous K
11:58:03 V 0.485 0.00 4,000 7 TD Sec 33 Canaccord K
11:35:27 V 0.485 0.00 11,000 9 BMO Nesbitt 33 Canaccord K

[Flack]

Antwort auf Beitrag Nr.: 40.635.176 von hbg55 am 02.12.10 19:51:24

Nachfrag ja - aber bei sinkenden Kursen!

Flack

[dontoto]

Antwort auf Beitrag Nr.: 40.644.411 von Flack am 03.12.10 20:37:52

No news are good news

Habe mir heute eine weitere kleine Posi gegönnt. Goldpreis sieht sehr gut aus

[Sheriff-von-Nottingham]

und die haben 37 gramm / tonne erbohrt - an vielen anlegern scheint dieser d-zug vorbeizufahren

[dontoto]

Antwort auf Beitrag Nr.: 40.669.085 von Sheriff-von-Nottingham am 08.12.10 08:14:50

Die High-Grade Bohrungen sind schon beeindruckend und werden im Februar auch noch weitere Unzen zu den aktuellen Reserven hinzufügen, sobald das aktuelle Bohrprogramm abgeschlossen ist.

Das Areal von FAU ist groß genug und in diesem Goldgürtel (Tintina Gold Belt) ist schon eine Menge Gold gefunden worden.

Das PP (News vom 07.12.)ist nun abgeschlossen und hat weitere 7 Millionen Dollar in die Kasse gespült und das, wie ich finde, zu sehr guten Konditionen. Das Management hat da gute Arbeit geleistet, da man die Shares zu einem Kurs von 0,45 CAN Dollar angeboten und verkauft hat. Das ist nur wenig unter dem aktuellen Marktpreis und die Shares sind zudem noch bis April 2011 gesperrt.

Daher habe ich auch noch einmal zu den jetzigen Kursen nachgekauft. Ich glaube, dass wir in einem Jahr bei Produktionsbeginn einen viel höheren Kurs sehen werden...

Daher bin ich bis dahin noch ganz entspannt und warte auf die weiteren Bohrergebnisse von FAU.

[Homer__Simpson]

So, hab mir auf aktuellem Niveau dann auch mal ne Posi ins Depot gelegt.

[Flack]

Leider zu früh!

Flack

[Homer__Simpson]

Antwort auf Beitrag Nr.: 40.673.771 von Flack am 08.12.10 16:38:23

Begründung ???

Aber ich will mich hier auch nicht wegen ein paar Cent anstellen. Vielleicht hält die 0,47 ja auch....und wenn nicht, kann man immer noch verbilligen !!

[kaliho]

Fire River Gold Corp. Closes Second Tranche of Non-Brokered Financing


Fire River Gold Corp. Closes Second Tranche of Non-Brokered Financing

December 7, 2010. Vancouver, Canada -- Fire River Gold Corp. (TSX.V: FAU; OTCQX: FVGCF; FSE: FWR) (the "Company") wishes to announce that further to its news release dated October 21st 2010, and November 24th the Company has completed the second tranche of its non-brokered private placement and has issued 2,783,411 units (the "Units") at a price of $0.45 per Unit for gross proceeds of $1,252,534.95 and an aggregate amount of total issuance of 15,666,494 units for gross proceeds of $7,049,922.30. The Company anticipates closing on the balance of the $8.5 million offering by year end.

Each Unit consists of one common share and one-half of one non-transferable share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one common share at a price of $0.65 per share for 18 months, subject to an accelerated expiry provision, such that, in the event that the Company's shares close at or above $0.90 per share for 10 consecutive trading days on the TSX Venture Exchange, the expiry date may be accelerated to 30 days.

All of the Common shares issued pursuant to this closing carry a legend restricting them from trading until April 8, 2011.

The funds from the private placement will be used for the completion of the Gold Recovery System (CIL circuit) while the increased portion of the private placement will be used for ongoing development work on the Nixon Fork Gold Mine in Alaska and general working capital.

About Fire River Gold Corp.
Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production in 2011. The Nixon Fork Gold Mine is a fully permitted and bonded mine with past production values averaging 1.14 opt (39 gpt). Facilities at the Nixon Fork Gold Mine include a 200 tpd flotation plant with a gravity gold separation circuit and a sulphide flotation circuit. In 2008, a gold recovery plant / CIL gold leaching circuit was purchased and partially installed. The mine also includes a fleet of mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip.

Fire River Gold Corp is a member of the International Metals Group.
(http://www.internationalmetalsgroup.com)

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.


"Harry Barr"

Harry Barr
President and C.E.O.


Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. The TSX Venture Exchange or its Regulation Services Provider have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management. We seek safe harbour.

[Flack]

Antwort auf Beitrag Nr.: 40.679.638 von kaliho am 09.12.10 12:32:43

Also bei Kapitalerhöhungen sind die Weltmeister!


Flack

[Homer__Simpson]

Antwort auf Beitrag Nr.: 40.696.093 von Flack am 12.12.10 13:05:50

War doch schon sehr lange angekündigt gewesen !!

[ooy]

Antwort auf Beitrag Nr.: 40.696.268 von Homer__Simpson am 12.12.10 14:05:20

So isses, aber das will Meister Bash nicht hoeren, es geht Alles seinen vorgezeigten Weg, alles im Plan...

[Flack]

Antwort auf Beitrag Nr.: 40.696.419 von ooy am 12.12.10 15:04:42

Und für wann ist die nächste Kapitalerhöhung geplant?

Flack

[dontoto]

Antwort auf Beitrag Nr.: 40.696.655 von Flack am 12.12.10 16:56:41

Flack,

kannst durchaus recht haben, dass es noch weitere Kapitalerhöhungen geben wird. Die müssen aber zwangsläufug nicht schlecht sein für die AKtionäre, die zu den aktuellen Kursen eingestiegen sind, wenn die KE bei 1 Dollar stattfindet.

Bisher hat das Management von FAU sehr gute Arbeit geleistet und in den kommenden Jahren werden Rohstoffe weiterhin boomen, wenn Du die Maßnahmen der amerikanischen und europäischen Regierungen auf die derzeitige wirtschaftliche Lage betrachtest.

Ich werde bei Rücksetzern, die es immer wieder geben wird, weiter erhöhen...daher einfach in Ruhe die Entwicklung abwarten. Vor Mai 2011 werde ich mit Sicherheit nichts verkaufen...

Dann hole ich gerne noch einmal deine Meinungen aus diesem Board hervor, sofern Du mir dann nicht mit der Antwort kommst:"Was interessiert mich mein Geschwätz von gestern!"

In diesem Sinne...

[Flack]

Antwort auf Beitrag Nr.: 40.697.927 von dontoto am 13.12.10 08:34:29

Mein lieber dontoto,

auch eine Kapitalerhöhung zu 1 USD verwässert den Anteil der Altaktionäre an der Firma; ist nun mal so bei Kapitalerhöhungen. Deswegen sind letztere IMMER schlecht für Altaktionäre - ganz besonders, wenn sie kein Bezugsrecht eingeräumt bekommen!

Letztlich sind Kapitalerhöhungen immer ein Eingeständnis des Managements, daß sie mit dem ihnen zur Verfügung stehenden Kapital nicht zurandekommen.


Flack

[ooy]

Antwort auf Beitrag Nr.: 40.698.816 von Flack am 13.12.10 11:03:22

Was haben die Leute bei FireRiver Dir eigentlich getan, einfach nur interessehalber??
Einfach so treibst du Dich hier doch nicht staendig rum...

[dontoto]

Antwort auf Beitrag Nr.: 40.698.883 von ooy am 13.12.10 11:14:02

Lieber ooy,

wir haben es hier mit einem typisch "deutschen" Landsmann zu tun. Staatsanwaltschaftlich korrekt und miesepetrig. Bei dieser Konstellation sagt man doch gerne:" Herzlichen Glückwunsch"

Vielleicht sollte er sich doch besser mit den DAX-Werten beschäftigen, denn vom Explorerbusiness hat er eindeutig keine Ahnung, was ich ihm hier keinesfalls negativ auslegen möchte. Nur wenn man keine Ahnung hat und noch nicht einmal Fakten präsentieren kann, warum das ein schlechtes Investment ist ( und wenn es auch nur eine Chartanalyse wäre ), dann sollte man sich selbst einen Gefallen tun und sich nicht allzu wichtig zu nehmen...

Ich amüsier mich jedenfalls köstlich...

[sir_krisowaritschko]

Die momentane Chartlage ist recht unklar, jedenfalls für meine bescheidene Begriffe. Hält die ,45 cad könnte es wieder aufwärts drehen. Falls nicht, gibt es je nach Unterstützung mehrere Trendmöglichkeiten. Bin recht gespannt wo es hingehen würd.
By the way, die MarketCap ist recht hoch für einen nicht Produzenten. Aber wir werdens ja erleben

http://images2.bilder-speicher.de/show.php?type=image_800&id…

[Flack]

Zitat von ooy: Was haben die Leute bei FireRiver Dir eigentlich getan, einfach nur interessehalber??
Einfach so treibst du Dich hier doch nicht staendig rum...

Was mir die Leute von FireRiver getan haben? Ganz einfach: Sie haben mir meinen Anteil an der Firma verwässert, u.z. durch ihre Scheiß-Kapitalerhöhung. Immer nur Geld von neuen Investoren einsammeln, aber nie was produzieren, ist einfach nur Scheiße....

Flack

[ooy]

Antwort auf Beitrag Nr.: 40.700.851 von Flack am 13.12.10 15:46:18

Du bist im Explorermarkt leider an der falschen Stelle...

[sago77]

Zitat von dontoto: Flack,

kannst durchaus recht haben, dass es noch weitere Kapitalerhöhungen geben wird. Die müssen aber zwangsläufug nicht schlecht sein für die AKtionäre, die zu den aktuellen Kursen eingestiegen sind, wenn die KE bei 1 Dollar stattfindet.

Bisher hat das Management von FAU sehr gute Arbeit geleistet und in den kommenden Jahren werden Rohstoffe weiterhin boomen, wenn Du die Maßnahmen der amerikanischen und europäischen Regierungen auf die derzeitige wirtschaftliche Lage betrachtest.

Ich werde bei Rücksetzern, die es immer wieder geben wird, weiter erhöhen...daher einfach in Ruhe die Entwicklung abwarten. Vor Mai 2011 werde ich mit Sicherheit nichts verkaufen...

Dann hole ich gerne noch einmal deine Meinungen aus diesem Board hervor, sofern Du mir dann nicht mit der Antwort kommst:"Was interessiert mich mein Geschwätz von gestern!"

In diesem Sinne...

[sago77]

Mich würde mal interessieren wie man zu der o.g. Einschätzung kommt das Management hat sehr gute Arbeit geleistet?

[dontoto]

Zitat von sago77: Mich würde mal interessieren wie man zu der o.g. Einschätzung kommt das Management hat sehr gute Arbeit geleistet?

zu flack:

Deine Aussage "Was mir die Leute von FireRiver getan haben? Ganz einfach: Sie haben mir meinen Anteil an der Firma verwässert, u.z. durch ihre Scheiß-Kapitalerhöhung. Immer nur Geld von neuen Investoren einsammeln, aber nie was produzieren, ist einfach nur Scheiße..." bestätigt meine Meinung über Dich...

Produktionsbeginn ist 2011! Das hat das Unternehmen auch immer wieder bekannt gegeben. Dazu sollte man sich auch mal die Mühe machen und die PRs des Unternehmens durchlesen und auf die Website schauen. Ansonsten kann man Dir wirklich nicht weiterhelfen.

Wie stellst Du Dir denn vor in Produktion zu gehen, wenn das benötigte Equipment noch nicht vollständig da ist? Das Geld fließt erst zurück in die Firma und auch an die Aktionäre, wenn die Produktion läuft, die Feasibilty Studie eingehalten werden kann und der Goldpreis sich weiterhin auf einem hohem Niveau hält. Alle drei Faktoren werden gerade vollständig eingehalten.

Produktionsbeginn ca. Mai 2011, Cashkosten pro Unze liegen bei ca. 370 USD, bei einem jetzigem Goldpreis von 1.400 USD!

Der Zeitplan von FAU wird bis heute sehr gut eingehalten und alle Ankündigungen wurden auch erfüllt. Die Bohrergebnisse sind bis dato hervorragend und werden auch noch weitere Unzen zu den Reserven hinzufügen, was wiederum einen Mehrwert für das Unternehmen und auch die Aktionäre bedeutet.

Der Aktienkurs wird bis dahin volatil bleiben und in beide Richtungen ausschlagen. Daher kaufe ich immer wieder bei Rücksetzern nach, da es erst im nächsten Jahr richtig interessant werden wird. Sollten aber durchweg positive Bohrergebnisse in den nächsten Monaten kommen, die auf eine signifikante Erhöhung der REssourcen deuten lassen, dann wird auch der Aktienkurs von FAU vor Produktionsbeginn gen Norden ausschlagen.

[Flack]

Antwort auf Beitrag Nr.: 40.707.170 von dontoto am 14.12.10 14:32:57

Alles richtig - nur: Bei jeder Kapitalerhöhung werden die Altaktionäre beschissen, da deren Anteil an der Mine sinkt. Da der Kurs ja nicht steigt, sind Altaktionäre letztlich die Betrogenen.

Mein Fazit: Erst einsteigen, wenn die Mine Geld verdient.

Flack

[ooy]

Antwort auf Beitrag Nr.: 40.709.960 von Flack am 14.12.10 19:40:57

Super Fazit, dann steig halt bei 2 Dollar ein...

[barti]

Antwort auf Beitrag Nr.: 40.709.960 von Flack am 14.12.10 19:40:57

das ist eine pauschalierung, die es in sich hat

[Howto45]

Antwort auf Beitrag Nr.: 40.710.042 von ooy am 14.12.10 19:50:05

@ooy:
Glaubst du solche User wie "Flack" verstehen diese Logik ?
@flack:
Kleiner Tipp : Kauf bloß keine Biotechs, sonst hast du da das gleiche Drama !

[Howto45]

Antwort auf Beitrag Nr.: 40.710.219 von Howto45 am 14.12.10 20:10:52

Aber vielleicht wichtiger, als sich mit irgendwelchen enttäuschten Pappnasenzu befassen, ein Überblick über die Crew die es für Fire River reißen soll:

Fire River Gold Adds Key Management To Nixon Fork Gold Mine
view PDF

December 14, 2010. Vancouver, Canada -- Fire River Gold Corp. (TSX.V: FAU; OTCQX: FVGCF; FSE: FWR) (the "Company") is pleased to announce the expansion of its management team at the Nixon Fork Mine. Several key personnel have been recently added to oversee construction of the cyanidation plant during the winter and ready the mine for production next summer.


Leonard Therrien, P.Eng joined the company in June 2010 as Mine Superintendent (see 8 July 2010 news release) and has recently been promoted to Mine Manager, directing all activities at site. Mr. Therrien is from the Marathon region of Ontario, where he has worked these past 24 years. His last assignment was as Mine Superintendent of Barrick Gold Corporationʹs 800 tpd David Bell Mine, where he managed all aspects of underground production including production and maintenance and managed a total crew of 140 workers. Mr. Therrien is a licensed professional mining engineer with a BSc from the South Dakota School of Mines.


Bruce Ferguson, P. Eng has been hired as the Mill Superintendent. Mr. Ferguson has had a blend of operational, construction, and consulting experience in his past. He has over ten years of experience as a mill superintendent and an additional ten years as senior metallurgist, working with such companies as Procon Mining and Tunneling, Antler Peak Gold, Wardrop, North American Tungsten, Kappes Cassidy & Associates, SNC Lavelin, and Echo Bay Minerals. Mr. Ferguson has extensive experience in both the construction and operation of cyanidation plants.

He will act as Project Manager for the construction of the Nixon Fork plant then assume responsibility for mill operations. Mr. Ferguson is a licensed professional mill processing engineer with a BASc from University of British Columbia.


Michael McGinnis, CPG has joined the team as Chief Geologist. Mr. McGinnis has extensive experience working in Alaska on such projects as Donlin Creek and Pebble. His 20+ years of experience covers all aspects of exploration in senior positions with such companies as Kobex Colorado Corp, Placer Dome, and New Butte Mining, as over ten years as a senior consultant for clients such as Agnico-Eagle, Hecla, and Hunter Dickenson. Mr. McGinnis is experienced in various styles of gold mineralization, including epithermal and Carlin-type deposits, Cu-Au-Mo porphyry systems, and skarns.

Mr. McGinnis will manage the diamond drilling program at site, manage the geological staff, and oversee all exploration activities. He is a licensed professional geologist in the State of Alaska, with a BSc degree in Geology from Fort Lewis College, Colorado.


Bryan Bishop has been hired as mining engineer to develop the mine plan for the Nixon Fork operation. Mr. Bishop has nearly twenty years of experience designing, evaluating, and planning underground mines for such companies as Century Mining, Denison Mines, Newmont, and Kinross. He has a blend of engineering and hands-on operational experience as an underground miner and mine surveyor. Mr. Bishop has a BS in Mining Engineering from the Montana College of Mineral Science and Technology.

This team will continue to advance the Nixon Fork Mine Project by completing the construction of a 250 tpd cyanidation plant, managing a two-drill 28,000 m drilling program, and preparing the mine for the eventual resumption of underground mining.

"We are pleased to have attracted such a competent core of professionals to manage the program," commented Richard Goodwin, VP Mining, who manages the overall project. "Good talent is hard to find in our industry and we have been very fortunate to assemble such a competent and experienced team."

Fire River Gold Corp is a member of the International Metals Group.
(http://www.internationalmetalsgroup.com)

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.


"Harry Barr"

Harry Barr
President and C.E.O.

[Sheriff-von-Nottingham]

so, wann folgt denn nun endlich die überfällige konso nach NORDEN, ist bei diesen bohrergebnissen ja längst überfällig

[Flack]

Antwort auf Beitrag Nr.: 40.710.291 von Howto45 am 14.12.10 20:18:18

Hahaha, FAU stockt das 'management team' auf. Soll wohl die zukünftigen Kapitalerhöhungen managen!

Wenn die was produzieren wollten (außer Papier), dann würden die keine Manager einstellen, sondern Minenarbeiter!

Flack

[Flack]

Antwort auf Beitrag Nr.: 40.710.042 von ooy am 14.12.10 19:50:05

Wer lesen kann, ist klar im Vorteil!

Da der Kurs ja nicht steigt, sind Altaktionäre letztlich die Betrogenen.
Mein Fazit: Erst einsteigen, wenn die Mine Geld verdient.

Also erst einsteigen, wenn die Mine Geld verdient - u.z. zu 0,30 €!

Flack

[ooy]

Antwort auf Beitrag Nr.: 40.753.344 von Flack am 22.12.10 21:44:53

3,30 vielleicht du Oberexperte, dein letztes Statement hat dich endgueltig disqualifiziert...

[Flack]

Antwort auf Beitrag Nr.: 40.756.725 von ooy am 23.12.10 15:04:53

Warten wirs ab. Die Betonung liegt auf warten!
Flack

[drgold]

Warten wirs ab. Die Betonung liegt auf warten!

Na, so lange werden wir wohl nicht mehr warten müssen!!!

Fire River ist produktionsbereit!!!

http://www.theaureport.com/cs/user/pub/co/2329

Das Gold Report Interview mit Ian Gordon am 03.01.2011

IG: Fire River Gold Corp ist in Alaska und ist zugelassen für die Produktion, die wahrscheinlich im Juli 2011 beginnen wird. Es ist eine schwierige Mine aber es ist eine high-grade Mine. Das Unternehmen startet den Bergbau mit den alten Abraumhalten vermutlich im Juli 2011. Dann wird es auf den Untertagebau übergehen. Die Abraumhalden enthalten rund 200 Koz. Das Unternehmen sagt zuversichtlich 50 Koz Produktion pro Jahr voraus und glaubt auch, dass es in der Lage ist, jedes Jahr diese Produktion durch Exploration zu ersetzen. Die Produktionskosten werden bei 600 US-Dollar/Unze liegen, weil es eine abgelegenen Gegend ist, ein Fly-in-Lager, wo alle Lieferungen aus der Luft kommen müssen. Aber dennoch ist es bei $ 600 eine sehr profitable Mine. Fire River hat ein außergewöhnlich gutes Team zusammen, um diese Mine zu verwirklichen.

TGR: Werden die 50 Koz, die sie erwähnten von den Abraumhalden kommen?

IG: Einiges davon. Später im Jahr 2011 wird das Unternehmen die unterirdische Produktion aufnehmen, wo es sehr hochgradige Erze mit etwas weniger als einer Unze pro Tonne gibt. So wird es eine Mischung aus Abraumverarbeitung und Untertageabbau sein.

Wir werden viel Spaß mit Fire River haben.

Glück auf gold

[Flack]

Antwort auf Beitrag Nr.: 40.793.158 von drgold am 04.01.11 02:29:08

Doch - waaaaaaaaaaaaaaaaaaaaaaaaaaarten ist angesagt!

'...zugelassen für die Produktion, die wahrscheinlich im Juli 2011 beginnen wird...'

Flack

[dontoto]

Antwort auf Beitrag Nr.: 40.797.726 von Flack am 04.01.11 17:12:44

Niemand hat etwas anderes behauptet.

Zumal vorab ja noch einiges an der Mine fertiggestellt werden muss, bevor die Produktion Mitte dieses Jahres beginnen kann.

2011 wird ein gutes Jahr für Explorer und Produzenten im Rohstoffsektor werden...

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 40.801.287 von dontoto am 05.01.11 09:45:28

http://www.firerivergold.com/s/NewsReleases.asp?ReportID=437…
http://www.firerivergold.com/s/NewsReleases.asp?ReportID=437…

Fire River Gold Reports 2010/2011 Underground Drill Holes Results: 25 g/t (0.73 opt) Gold Over 3.2 m (10.5 ft) at 3300 Zone, Nixon Fork Gold Mine, Alaska


* 25 g/t (0.73 opt) gold over 3.2 m (10.5 ft) in hole N10U-009
* 12 g/t (0.35 opt) gold over 7.4 m (24.3 ft) in hole N10U-008
* 14 g/t (0.42 opt) gold over 2.5 m (8.4 ft) in hole N10U-002
o including 52g/t (1.53 opt) gold over 0.6m (2.0 ft)
* Results pending for 41 additional underground holes in 2010
* 28,000 metre drill program ongoing - 8100 metres drilled to date
* PEA for Underground Mining by Jan 2011, being completed by Snowden, an International Mining Consultancy

January 12, 2011 Vancouver, Canada - Fire River Gold Corp. (TSX-V: FAU; OTCQX: FVGCF; FSE: FWR) ("FAU" or the "Company") is pleased to announce results obtained from the 2010/2011 28,000 metre drill program at the Nixon Fork Gold Mine situated in Alaska's Tintina Gold Belt. The Company has received assay results of holes 1 through 10 (N10U-001 - N10U-009) from the 3100 and 3300 Zone.

New significant intercepts include N10U-009 returning grades of 25 g/t (0.73 opt) gold over 3.2 m (10.5 ft) and 12 g/t (0.35 opt) gold over 7.4 m (24.3 ft) in hole N10U-008. A complete list of significant intercepts is provided in Table 1. The widths of the intercepts are approximate to the true width of the mineralized intercept.

Table 1. Results from holes N10U-001 to N10U-009

[sir_krisowaritschko]

41 Bohrlöcher stehen noch aus. Die momentanen Ergebnisse sind durchaus gut. Es ist zu erkennen, das sich eine größere Erzader mit ordentlichen Goldgehalten durch die Zone 3100 zieht. Außerdem finde ich den Kupfer- und Silberfund in Bohrung N10U-003 recht interessant.
Darüber hinaus konnte man in der "Zone 3300" weitere ordentliche Goldgehalte erbohren.

Bleibt nun abzuwarten wie die restlichen 19.900 Bohrmeter ausfallen werden. Für meinen Geschmack scheint der gestrige Handel doch ne ziemliche Überreaktion zu sein. Bin gespannt wo sich der Kurs nun einpendeln wird.

[sir_krisowaritschko]

Wer sich da wohl auf den letzte paar Meter noch von seinen shares trennen wollte?!?!
Der Handel sah tatsächlich bis 21 Uhr recht vielversprechend aus.
Per SK direkt auf der Unterstützung bei ,46 cad geschlossen!

[Picker56 [KommA]]

Bin der Versuchung unterlegen und seit heute dabei.
Zu gedrückt wirkt mir der Kurs derzeit.

Zumindest mal bis zum Produktionsstart. Danach wird neu kalkuliert über Weiterverbleib oder Verkauf.

Mal sehen, wie die restlichen 18-19.000 Bohrmeter ausfallen, was die PEA zeigt und welchen Zeitplan + Capex bis zur Produktion sie vorlegen werden.

Jedenfalls dürften uns in den nächsten Monaten einige News ins Haus flattern, die kursbildend wirken könnten.

Picker56

[sir_krisowaritschko]

Picker, hast dir mal die Machbarkeitsstudie angeschaut?
Die beruht auf einem Goldpreis von 1000 us dollar.
Hatte mal hochkalkuliert wie sich der Cashflow bei verschiedenen Goldpreisen (1000 bis 1500) gestalten würde.
Bin leider nur grad nich zuhause. Werds die kommenden Tage mal reinstellen. Nur so viel vorweg, hab noch im Kopf das bei 1300 us dollar in den jahren 2011 bis 2013 jährlich rund 7 millionen Cash (lässt man mal in 2011 die Kapitalkosten weg) übrig bleiben. Selbst bei 1000 us dollar bleiben rund 3,3 millionen übrig. Werd aber noch ne Tabelle disbezüglich reinstellen, dann kann man objektiver drüber diskutieren.


http://img3.fotos-hochladen.net/uploads/fireriveruq5az907.jp…


Kann nicht ganz nachvollziehen warum man die Kapitalkosten (rot markiert) zur Mühlenfertigstellung in die Prognose für 2011 mit einbezogen hat? Nach meinem Verständnis wurde die mühle durch eine Kapitalerhöhung finanziert! Somit fallen diese Kosten doch nicht mehr an, sprich wurden durch Aktienausgabe bereits durchfinanziert. Kann das jemand erklären?

[sir_krisowaritschko]

Ab seite 119 kann man einige graphische Darstellungen begutachten wie sich Ertrag und Kosten bei steigendem Goldpreis verhalten.

http://sedar.com/GetFile.do?lang=EN&docClass=24&issuerNo=000…

[kaliho]

Fire River Gold Reports New Underground Drill Holes Results: 160.5 g/t (4.68 opt) Gold Over 2.8 m (9.1 ft) at 3000 Zone, Nixon Fork Gold Mine, Alaska
Jan. 21, 2011 (Canada NewsWire Group) --

160.5 g/t (4.68 opt) gold over 2.8 m (9.1 ft) in hole N10U-024
30.5 g/t (0.89 opt) gold over 1.3 m (4.3 ft) in hole N10U-022
31.4 g/t (0.92 opt) gold over 1.0 m (3.3 ft) in hole N10U-016
Second underground diamond drill employed
28,000 metre drill program ongoing - 8800 metres drilled to date
FAU: TSX.V
FVGCF: OTCQX
FWR: FSE

VANCOUVER, Jan. 21 /CNW/ - Fire River Gold Corp. (TSX-V: FAU; OTCQX: FVGCF; FSE: FWR) ("FAU" or the "Company") is pleased to announce results obtained from the 2010/2011 28,000 metre drill program at the Nixon Fork Gold Mine situated in Alaska's Tintina Gold Belt. The Company has received assay results of holes 10 through 25 (N10U-010 - N10U-025) from the 3300, 3500, and 3510 Zones.

New significant intercepts include N10U-024 returning grades of 160.5 g/t (4.68 opt) gold over 2.8 m (9.1 ft) and 31.4 g/t (0.92 opt) gold over 1.0 m (3.3 ft) in hole N10U-016. A complete list of significant intercepts is provided in Table 1. The widths of the intercepts are approximate to the true width of the mineralized intercept.

This phase of the underground drill program commenced on the 3300 Zone on the 300 level. The Company is once again encouraged with the results from the 2010 drill program, because it is exhibiting the potential to provide additional resources to the mill.

Table 1. Results from holes N10U-010 to N10U-025

Hole
Number From
(metres) To
(metres) Length
(metres) Length
(Feet) Au
(gpt) Au
(opt) Ag
(gpt) Ag
(opt) Cu
(%)
Location 3300 Zone
N10U-010 86.9 88.4 1.5 4.9 21 0.61 0 0 0
N10U-011 NSI
N10U-012 NSI
N10U-013 NSI
N10U-014 52.7 54.5 1.5 4.9 5.82 0.17 1 0.03 0
N10U-015 NSI
N10U-016 72 73 1 3.3 31.4 0.92 31 0.9 0.62
N10U-017 NSI

Location 3500 & 3510 Zones
N10U-018 NSI
N10U-019 NSI
N10U-020 Pending
N10U-021 NSI
N10U-022 93.4 94.69 1.3 4.3 30.5 0.89 4 0.12 0.02

Location 3000X Zone
N10U-023 39.2 44.5 5.3 17.4 1.7 0.05 17.5 0.51 0.11
48.2 52.3 4.1 13.5 2.04 0.06 129.2 3.77 0.4
including 51.7 52.3 0.6 2 7.3 0.21 39 1.14 0.32
N10U-024 32.6 35.4 2.8 9.2 160.5 4.68 6 0.17 0.02
N10U-025 35.7 37.5 1.8 5.9 2.6 0.08 9.3 0.27 0.02
45.3 47.4 2.1 6.9 1.7 0.05 49.3 1.44 1.23
The Company has purchased a second underground diamond drill. The two drills are working together to define near term production targets in the upper portion of the mine. Later, the Company plans to have one drill focus on ore definition for production and the second diamond drill for drilling exploration targets.

Nixon Fork Gold Mine

The Nixon Fork Gold Mine was acquired in September 2009. From 1995 - 2007, the project produced approximately 175,000 ounces of gold at an average grade of 39 grams per ton (1.14 opt). The mining and processing facilities at Nixon Fork are permitted and bonded. The deposit is a gold-rich copper silver skarn typical of other skarn systems found throughout the world. At Nixon Fork, the higher grades are found in steeply plunging pipe-like bodies which are oxidized to depths of up to 350 meters below the surface. Oxidization of the system has resulted both in secondary copper and gold, with high grades and a "nuggety" distribution.

To view a photo and maps please visit: http://www.firerivergold.com/s/NewsReleases.asp?ReportID=438…

The Qualified Person for this news release is Richard Goodwin, P.Eng., Vice President of Mining for Fire River Gold.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production in 2011.

The Nixon Fork Gold Mine is a permitted and bonded mine which include a ~200 tpd processing plant with a gravity gold circuit, sulphide flotation circuit and a gold recovery system (CIL circuit) that is scheduled to be completed by Summer 2011.

The mine also includes a fleet of surface & underground mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip.

Fire River Gold Corp is a member of the International Metals Group.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

(signed)

Harry Barr
President & C.E.O.

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek safe harbour.

Tel: [phone] Fax: [phone]
Email: [e-mail] or visit www.firerivergold.com
2303 West 41st Avenue, Vancouver, B.C., Canada, V6M 2A3


Source: Canada Newswire (January 21, 2011 - 9:01 AM EST)

[Picker56 [KommA]]

Die News scheinen ganz gut aufgenommen worden zu sein von den Cans

Can$ 0,50 ist doch ein nettes Plus und versöhnlicher Wochenausklang in einem sonst recht gedrückten Markt

Picker56

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 40.905.825 von Picker56 am 21.01.11 20:37:02

Kapier die Reaktion auf die Ergebnisse nich wirklich!
Unterscheiden sich kaum von den am 12. veröffentlichten.
Sind sogar ne Menge Nullbohrungen dabei.
Mir solls egal sein, Börse is ein absurdes Spiel.

[mintelo]

!

Dieser Beitrag wurde moderiert. Grund: auf eigenen Wunsch des Users

[mintelo]

Antwort auf Beitrag Nr.: 40.906.544 von mintelo am 22.01.11 01:10:37

So gefällt mir das: Heute eingestiegen und schon im Plus.

[Flack]

Insider?

[mintelo]

Antwort auf Beitrag Nr.: 40.910.902 von Flack am 23.01.11 23:32:30

Ne, aber gute Nase. Fundamentaldaten und der Chart sprachen für sich.
ASX:SEG wollte ich auch rein, hab aber kein Bares mehr. Da schaut´s auch gut aus.

Grüsse, Mintelo



Wie immer: Keine Empfehlung, make your own research.

[Flack]

Antwort auf Beitrag Nr.: 40.911.000 von mintelo am 24.01.11 01:29:38

'Immer noch' im Plus?

Flack

[mintelo]

Antwort auf Beitrag Nr.: 40.924.657 von Flack am 25.01.11 23:09:47

Mein EK liegt bei 48 can ct. Aber macht nichts, bin long.

[mintelo]

Punktlandung...



Ich erwarte grüne Aussies...

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 40.932.398 von mintelo am 26.01.11 22:36:51

aussies? du meinst cands?

[Silberbaron]

Bin nun auch dabei mit einem Päckchen Aktien zu Fire River Gold. Für mich ein vielversprechender Wert mit erheblich Potential bei Produktionsbeginn und nach unten relativ stabil mit nettem Boden bei ,45 Cents.
Dann wollen wir mal hoffen, dass hier innerhalb eines Jahres die Korken knallen, sofern der Goldpreis nicht unter die 1000er Grenze fällt.

[Sheriff-von-Nottingham]

innerhalb eines jahres?? die gehen im sommer in produktion - du solltest schonmal eine flasche billigen sekt beim aldi kaufen gehen, zum käfer kannst dann, wenn alles gut läuft immer noch marschieren ;-)

[Silberbaron]

Antwort auf Beitrag Nr.: 40.979.658 von Sheriff-von-Nottingham am 03.02.11 22:11:09

Sheriff,
Ich stehe auf Prosecco!
Bist du dir sooo sicher, dass die Produktion nun im Sommer startet?! Vielleicht wird es ja nur ein Testlauf!
Wie viel Erfahrung hast du mit diesen Werten, die sogenannten Junior-Minen!

[chriroe]

Antwort auf Beitrag Nr.: 40.987.123 von Silberbaron am 04.02.11 22:12:03

Produktionsbeginn im Sommer 2011 ist projektiert, aber es kann sich sicherlich, wie es auch bei Goro war, noch um einige Monate verschieben.

Wichtig ist, daß Fire River auf großen Goldvorkommen hockt und überragende Bohrergebnisse abgeliefert hat. Bis zum Produktionsstart heißt es einfach abwarten und zu günstigen Kursen weiter einsammeln. Der Kurshype wie bei Goro kommt dann quasi automatisch.

Man muß nur warten könne.

[Sheriff-von-Nottingham]

@Proseccoliebhaber ;-) und chriroe

danke! Wenn nicht immer Sommer, dann im Herbst und dann wird bzw. muss sich ja was bewegen. Die üblichen Explorer bzw. Juniorproduzentenrisiken nicht ausgeschlossen.

[Silberbaron]

Mein PERSÖNLICH MÖGLICHES Kursziel für Januar 2012 ist 2 CAD, sofern alles rund läuft, dann kann ich mir auch einige Flaschen Prosecco leisten:
Monatliche Produktion von 4000 Unzen
Weitere gute Bohrergenisse
Weiterhin hoher Goldpreis von 1300 bis 1800 Dollar
Ölpreis nicht höher als 130 Dollar

Ich hoffe, dass die Preise von Fire Gold nicht sofort anziehen, dann kann man sich noch einige Stück ins Depot legen.

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 40.998.703 von Silberbaron am 07.02.11 23:35:57

2 cad? wieso kommst gerade auf 2 cad?
Wäre ne MK von rund 165 millionen!
Bisl überzogen, findst nich?
Mir würde bereits eine MK von 70 bis 80 millionen ausreichen.

[Silberbaron]

Antwort auf Beitrag Nr.: 40.998.732 von sir_krisowaritschko am 07.02.11 23:44:20

2 cad? wieso kommst gerade auf 2 cad?
Wäre ne MK von rund 165 millionen!
Bisl überzogen, findst nich?
Mir würde bereits eine MK von 70 bis 80 millionen ausreichen.

Antwort:

ganz einfach:
10 Millionen Gewinn für 2012 setze ich voraus
KGV 15 ergibt 150 Millionen
Ganze Zahlen sind auch bei Börsenkursen von Bedeutung, siehe nun die 30er Grenze bei silber.

good investing

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 41.004.728 von Silberbaron am 08.02.11 19:16:57

klingt logisch, jedoch sind halt die Resourcenschätzungen derzeit nich so der burner. Deshalb bin nach jetzigem stand eher zurückhaltend. Bleibt abzuwarten wie dei nächsten Bohrmeter ausfallen.

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.004.728 von Silberbaron am 08.02.11 19:16:57

KGV 15 ergibt 150 Millionen

KGVs für extreme Hausse-Situationen halte ich bei "normalen" Märkten für völlig überzogen.
Jungproduzenten - und da sind sich viele Analysten einig - haben durchschnittliche KGVs von 3-4.
Aber auch ein optimistisches Plus von 50% gegenüber den Marktusancen liegt Lichtjahre von einem KGV von 15 weg.

Naja, Ob wir wieder mal solche Situationen wie 1999, 2005 oder 2007 erleben werden ?????
Ich würde nicht damit spekulieren ohne den Boden der Realität damit zu verlassen.

Picker56

[kaliho]

LOM Initiates Fire River Gold Corp. (FAU-TSXV) as Speculative BUY; Target: $1.40
Click Here for a Free Real-time Stock Quote on TSX-V: FAU



Click here to view the full report

Click here for contact information



Click Here for a Free Real-time Stock Quote on TSX-V: FAU

[kaliho]

Antwort auf Beitrag Nr.: 41.014.014 von kaliho am 10.02.11 00:28:43

http://www.vantagewire.com/blasts/20110209fau/02_08_11_FAU_R…

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 41.014.014 von kaliho am 10.02.11 00:28:43

Target Price $1.40 per share

Our net present value for Fire River’s Nixon Fork project is based on a discounted cash flow using the following assumptions:

• 5% discount rate
• US$1,400/oz gold price
• Underground production commencing by late summer 2011 ramping up to a rate of
150 tpd and shortly followed by production from the existing tailings at a rate of 100
tpd
• Combined recoveries of 95% for underground ore and 80% for leaching existing tailings
• Operating costs for the underground mine of approximately US$570/tonne and
US$80/tonne for the process of existing tailings, which translate to approximately
US$625/oz and US$400/oz in 2012, respectively
• Combined mill and mine capex of US$12.1 million
• Mill expansion to 200 tpd by 2013 and estimated capex of US$2 million for mill
expansion
• We expect the company to find enough resources to support a five year mine life.

[Silberbaron]

Antwort auf Beitrag Nr.: 41.012.525 von Picker56 am 09.02.11 19:48:23

KGV 15 ergibt 150 Millionen

KGVs für extreme Hausse-Situationen halte ich bei "normalen" Märkten für völlig überzogen.
Jungproduzenten - und da sind sich viele Analysten einig - haben durchschnittliche KGVs von 3-4.
Aber auch ein optimistisches Plus von 50% gegenüber den Marktusancen liegt Lichtjahre von einem KGV von 15 weg.

Naja, Ob wir wieder mal solche Situationen wie 1999, 2005 oder 2007 erleben werden ?????
Ich würde nicht damit spekulieren ohne den Boden der Realität damit zu verlassen.

Picker56

Dann wäre nach deiner Berechnung bei einem Gewinn von 10 Millionen die MK bei maximal 40 Millionen.
Somit wäre das Unternehmen mit deiner Einschätzung jetzt komplett überbewertet!

[chriroe]

Antwort auf Beitrag Nr.: 41.017.752 von Silberbaron am 10.02.11 15:41:28

Ich denke, die ausführliche Analyse, die auf der Seite zuvor verlinkt wurde, gibt einen guten Überblick zur Lage und zur möglichen Bewertung, wenn die Produktion läuft.

Freuen wir uns also auf einen potentiellen Verdrei- bis Vervierfacher innerhalb der nächsten 12 bis 24 Monate.

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 41.018.107 von chriroe am 10.02.11 16:22:32

Der Börsenbrief leistet bisher ganze arbeit

[websin]

Antwort auf Beitrag Nr.: 41.018.245 von sir_krisowaritschko am 10.02.11 16:36:46

yep...up gehts!

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.017.752 von Silberbaron am 10.02.11 15:41:28

Dann wäre nach deiner Berechnung bei einem Gewinn von 10 Millionen die MK bei maximal 40 Millionen.
Somit wäre das Unternehmen mit deiner Einschätzung jetzt komplett überbewertet!

Nein, nicht so ganz.

Der (in meiner pers. Feasy ) ermittelte KGV bei ca. 10-12 Mio Nettogewinn ( Afa,- ev. Zinsen und Steuern berücksichtigt )liegt für 2011 bei knapp unter 4. Und der für 2012 bei derzeit rd. 1,9. Goldpreise durchschnittlich von rd. $ 1.450,- je Unze für 2011 und 1.500 für 2012 angenommen und für diesen Zeitraum mit gleichbleibender OPEX und CAPEX.

Da auf der Börse ja die Zukunft gehandelt wird, die Produktion und das damit heraus genommene Risiko ein weiteres Plus darstellt, so kann sich meiner Meinung nach der Kurs bereits jetzt dem Status für 2012 nähern - in langsamen Schritten.

Dies gäbe dem Unternehmen noch genug Potential nach oben. ( Deswegen bin ich ja auch investiert ). Wäre der Kurs bereits überhöht, hätte ich die Füsse still gehalten - und wir würden uns hier nicht schreiben/lesen.

Ich kalkuliere lieber vorsichtiger ( base-case ). Läuft der Markt optimistischer, so ists mir Recht, andernfalls würde ich meine Zielperformence im Depot nicht erreichen, und das mag ich überhaupt nicht.

So war mein Posting zu verstehen.

Picker56

[Silberbaron]

Antwort auf Beitrag Nr.: 41.019.545 von Picker56 am 10.02.11 19:11:12

Der (in meiner pers. Feasy ) ermittelte KGV bei ca. 10-12 Mio Nettogewinn ( Afa,- ev. Zinsen und Steuern berücksichtigt )liegt für 2011 bei knapp unter 4. Und der für 2012 bei derzeit rd. 1,9. Goldpreise durchschnittlich von rd. $ 1.450,- je Unze für 2011 und 1.500 für 2012 angenommen und für diesen Zeitraum mit gleichbleibender OPEX und CAPEX.

Also doch, es hätte mich überrascht, wenn jemand von einer Überwertung bei den mometanen Aussichten sprechen würde.
Die Ausdrücke Feasy, Afa, OPEX und CAPEX sagen mir nichts
Ich bin halt noch ein Hobbybörsianer und schwebe wohl ab und zu in den Wolken. Allerdings sind meiner Meinung nach nicht überdurchschnittliche Intelligenz nötig, um gut investieren zu können.

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.020.367 von Silberbaron am 10.02.11 21:09:43

Allerdings sind meiner Meinung nach nicht überdurchschnittliche Intelligenz nötig, um gut investieren zu können.

Da gebe ich dir vollkommen Recht !!!!

Und für einen Hobbybörsianer ist es auch keine Schande sich mit Ausdrücken wie Feasy ( Abkürzung für Feasibilty= Wirtschaftlichkeitsberechnung), OPEX ( Ausdruck für die operativen Kosten eines Werkes), CAPEX ( Ausdruck für Kapitalkosten), AfA ( Abschreibung für Abnutzung ) - alles Berechnungsparameter für die Wirtschaftlicheitsbewertung eines Unternehmens, nicht auszukennen.

Sollte jedoch dein Interesse an Explorern größer werden und du für dich selbst mehr Investsicherheit erlangen wollen, dann sollte man sich zwangsläufig auch mit solchen Themen und weiteren Themen beschäftigen.

Stehe dir gerne per BM bei, wenn du Fragen hast - hier wäre es zu umständlich und für den Thread nicht gut sich off topic aus zu tauschen.

Picker56

[Silberbaron]

Antwort auf Beitrag Nr.: 41.020.719 von Picker56 am 10.02.11 22:01:33

Stehe dir gerne per BM bei, wenn du Fragen hast - hier wäre es zu umständlich und für den Thread nicht gut sich off topic aus zu tauschen.



Antwort:
Was heisst BM?!

[chriroe]

Antwort auf Beitrag Nr.: 41.054.223 von Silberbaron am 16.02.11 22:28:52

Was heisst BM?!

BM:

-Baron Münchhausen
-Brötchen Mix
-Bayern München
-Blumenkohl mit Möhrchen
-Board Message
-Blinder Maulwurf
-Boah Menno


Such Dir was aus.

[xacus]

Antwort auf Beitrag Nr.: 41.054.949 von chriroe am 17.02.11 07:51:01

ich hoff, er braucht keinen joker!!!!

[Sheriff-von-Nottingham]

ich würde sagen

Bayern München!

ole ole super Bayern!

[Silberbaron]

Antwort auf Beitrag Nr.: 41.057.035 von Sheriff-von-Nottingham am 17.02.11 11:52:45

Tolle News:


http://www.firerivergold.com/s/NewsReleases.asp?ReportID=443…


Pro Jahr 30 Millionen, gar nicht übel, mal sehen ob der Kurs darauf reagiert.

[mark_twain]

Die Zahlen sind sehr gut, insbesondere Cashflow und IRR. Da sind die Tailings noch gar nicht berücksichtigt.
Negativ ist allerdings der Hinweis, dass man nochmal Geld benötigt (bis zu 10 Mio.).
Zur Beschaffung werden alle Optionen geprüft (Kredit, Vorwärtsverkäufe/Leihe, Kapitalerhöhung).

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.059.511 von mark_twain am 17.02.11 16:32:23

Frisches Geld in dieser Gesamthöhe sollte nicht nur kein Problem sein sondern auch keine allzu großen Auswirkungen haben.
Beim Schritt vom Explorer zum Produzenten wird in nahezu 100% aller Fälle immer noch ein wenig Zusatzkapital benötigt.

Viel wichtiger sehe ich die Notwendigkeit der Laufzeitverlängerung des Minenlebens durch Explorationserfolge.
Die tollen Grade und der cut-off-Grad alleine richten es nicht, wenn nicht dementsprechende Ressourcenerweiterungen kommen.

Darauf sollten wir hoffen, gespannt sein und den Rest der Geschichte den normalen Lauf gehen lassen.

Picker56

[Silberbaron]

Der Kurs reagierte gestern auf die tollen News, leider in die falsche Richtung
Scheinbar gibt es doch mehr Verkäufer als Käufer! Wer verkauft wohl zu diesen Preisen nach solch guten News?
Die Grossinvestoren vielleicht? Gewinn einstreichen oder Kurskontrolle für günstige Aktienkaufrechte zu erhalten?

[ooy]

TGR: I would suspect that people like Osisko CEO Sean Roosen were none too happy with Goldcorp selling at this point, but let's move on to your coverage area and some small- and micro-cap names. You have a Speculative Buy rating on Fire River Gold Corp. (TSX.V:FAU; OTCQX:FVGCF) with a 12-month target price of $1.40. Considering the company is currently trading at around $0.53, that would be a gain of more than 210%. FAU is scheduled to relaunch production at the Nixon Fork Gold Mine in Alaska later this year. It bought the property after Saint Andrews Goldfields (TSX:SAS) was forced to close the mine in 2007 due to production problems. What makes you think Fire River has solved those problems?

MF: First of all, let's talk a little bit about St. Andrew. These comments are not really about today's St. Andrew because it's a different company now than in the past. But previously, St. Andrew had a pretty poor mining record. It also had problems with another project in the Timmins area of Ontario. I think that in those days St. Andrew's management was heavily weighted toward miners and less so toward geological engineers. The real problem at Nixon Fork was the lack of understanding of the deposit's geology. By the way, St. Andrew wasn't the only operator of the Nixon Fork Mine. Consolidated Nevada Goldfields Corporation (now Real del Monte Mining Corporation, a private company) operated the mine in the 1990s and actually made profits.

Moving forward to today, what can Fire River do differently from St. Andrew? One point is that it has a little bit of time. Financial obligations forced the company to produce, but Fire River actually has time to do some drilling. It's currently doing 28,000 meters of drilling in order to really understand the Nixon Fork ore body—that is the key to that operation. It's a very low-tonnage mine, so the company needs to have good control over the geology. That's the focus that Fire River is taking and I'm betting that it's going to get that right. The mere fact that there are very high-grade resources is going to give Fire River some leeway if it has any problems associated with the grade.

TGR: In your discounted cash flow (DCF) model for Fire River, you used a 5% discount rate and a $1,400/oz. gold price. I would say, generally, that the discount rate is a little bit low and the gold price is probably a little high. Why did you choose those numbers?

MF: The discount rate has always been a topic of conversation in the industry. What discount rate does one use? Traditionally, analysts use 5% discount rates for gold companies; and, actually, some use 0% as a discount rate. The reason is that the DCF method is very inflexible. It doesn't really tell you the potential for increases in reserves or resources or the potential for rises in the gold price. Therefore, if you do a DCF of 5% on a lot of producers, you'll find that they actually trade at premiums to that discount rate. In fact, I use 5% on just about every company out there.

TGR: What about the $1,400/oz. gold price?

MF: I don't think that's a bad gold price to use. I think we're going to soon see gold closer to $1,400/oz., and then a year later, it will be over $1,400/oz. I'm bullish on gold. I don't see any reason to change that view. I guess the biggest risk on gold is interest rate hikes. I just don't think that's going to happen. I think that $1,400/oz. is a very good price to use; but, even if gold went to $900/oz., I still believe Fire River would make a small but reasonable profit.

TGR: Fire River released its Preliminary Economic Assessment (PEA) of the Nixon Fork Project on February 17. We can also expect to see drill results from that 28,000m drill program you mentioned. What are you expecting from that scoping study?

MF: I'm expecting a robust scoping study. It may not show the same level of net asset value (NAV) that we calculated because the NAV that we calculated assumes some additions to the resource. So I think the scoping study will be a little bit less than the NAV we've used. The other thing is that the scoping study will use $1,200/oz. gold, not $1,400/oz. gold. Nevertheless, I think we're going to see a fairly robust situation. I do have to warn people that we may not see the same level of value that we calculated because we used a higher gold price. We also assumed that Fire River would find extra resources through the drilling that's taking place.

TGR: You're projecting $36 million in cash flow in 2012 once Nixon Fork reaches production. Do you believe Fire River could become a takeover target at that point, or is that scenario is more likely before Fire River reaches production?

MF: No, I don't think it's going to happen before the company reaches production. I want to point out that there's a lot of skepticism out there about this story. We're banking on it working out. That is probably one of the most fundamental reasons to buy the stock right now. It could be a takeover target if it's successful in production. But I have a feeling that it might be the acquirer down the road rather than the acquired. Fire River will be a relatively small producer; if it works out as we expect, the company may be in the market for a merger with another small producer.

Quelle: http://www.theaureport.com/pub/na/8685

[chriroe]

"Fire River Gold steht in den Startlöchern"


http://news.onvista.de/alle-news/artikel/18.02.2011-16:22:42…

[Sheriff-von-Nottingham]

Die Studie besagt, dass die Betriebskosten bei der Förderung des Goldes je Unze bei maximal 447 Dollar liegen. Legt man dabei einen Unzenpreis von 1.200 Dollar zugrunde, ergibt sich ein diskontierter Cashflow in den ersten beiden Betriebsjahren von 64,3 Millionen Dollar. Wird der erwartete Goldpreis auf 1.500 Dollar erhöht, liegt die Summe bei 93,6 Millionen Dollar. In der Berechnung ist die mögliche Förderung von Silber und Kupfer noch nicht berücksichtigt worden. Das kann zu weiteren Aufschlägen führen.

Die Betriebskosten sind ganz großes Kino - hier entsteht ein noch kleiner, aber vielleicht bald ein big Player!

[payroll]

Moin Moin!

Ich habe mich dieses Wochenende ein wenig mit Potentiellen Invests beschäftigt und bin (nachdem ich bereits im Januar über FAU gestolpert bin) wieder hier angekommen.


Habe mir die letzten News durchgelesen und bin dann über eine Aussage in der PEA gestolpert, die mir doch etwas zu denken gibt:

"Angeblich reichen die momentanen Ressourcen aus um zwei Jahre zu produzieren."

Soll danach Schluss sein oder wie soll man sich das vorstellen und wieviel Potential steckt eurer Meinung nach noch in FAU?

Gruß,
payroll

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.074.804 von payroll am 20.02.11 23:43:26

"Angeblich reichen die momentanen Ressourcen aus um zwei Jahre zu produzieren."

Soll danach Schluss sein oder wie soll man sich das vorstellen und wieviel Potential steckt eurer Meinung nach noch in FAU?

Das wird uns das Ergebnis des 28.000 m Bohrprogrammes zeigen !!!!

Das ist für einen kommenden kleinen Produzenten ein weit mehr als nur minimales Bohrprogramm und könnte sehr wohl die Ressourcen erheblich steigern.

Picker56

[payroll]

danke für deine antwort. :-)

[mark_twain]

Was mich wirklich wundert, sind die hohen Cutoff-Grades von 15g/t. Da würden sich andere Minen glücklich schätzen, überhaupt solche Goldgrade zu besitzen. Könnte mir aber vorstellen, dass man, sobald die Produktion sauber läuft, den Cutoff senkt und 10-15 Gramm Gold pro Tonne nicht als "wertloses" Gestein stehen lässt.

[Flack]

Antwort auf Beitrag Nr.: 41.083.710 von mark_twain am 22.02.11 13:25:00

Das hat mich auch schon immer gewundert. Gibts hierfür Gründe?

Flack

[payroll]

moin


beim recherchieren bin ich auf diese webseite gestossen ( ww.firerivergold.blogspot.com ) und würde gerne wissen, inwiefern diese dort berichteten umstände über das grundwasserproblem in der nixon fork mine tatsächlich zutreffen.

danke!

payroll

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 41.106.061 von payroll am 25.02.11 12:11:13

Ziemlich heftige Anschuldigungen!
Alles soll ein riesen PR-GAG sein?!?
Warum verfasst jemand einen solch ausführlichen Blog über FAU?
Was und vor allem wer steckt dahinter? Wirklich ein sozialer Samariter???

[payroll]

genau DAS geht mir auch durch den kopf.

ich wollte die kommenden tage bei FAU einsteigen, aber teilweise scheinen die dinge durchaus plausibel zu sein.

es gab wohl auch 2004 schon einen wassereinbruch in der mine. hatte heute einige stunden mit google verbracht, da konnte ich das tatsächlich nachlesen.

ich bin echt verunsichert... die basisdaten sind lecker... die beilage weniger.

[Flack]

Die Ratten verlassen das sinkende Schiff: http://finance.yahoo.com/news/Fire-River-Gold-Appoints-R-cnw…

Flack

[dives]

Antwort auf Beitrag Nr.: 41.134.684 von Flack am 02.03.11 17:17:22

Also das liest sich eher so, als ob die Überleitung von der Finanzierungsphase in die Produktionsphase vollzogen werden soll und dazu der bisherige Firmenleiter Barr, der auf die Finanzierung spezialisiert ist, nun zwei reinen Mineningenieuren Platz macht, deren vordringliche Aufgabe die Inbetriebnahme von Nixon Fork sein wird.

[kaliho]

Fire River Gold Appoints R. David Russell as Chairman and Richard Goodwin as President & COO

March 2, 2011 Vancouver, Canada - Fire River Gold Corp. (TSX-V: FAU; OTCQX: FVGCF; FSE: FWR) ("FAU" or the "Company") - Harry Barr and The Board of Directors (the "Board") of Fire River Gold Corp. wish to announce that effective immediately Mr. Harry Barr has elected to step down as President, CEO and Director of Fire River Gold and its Alaskan subsidiaries. Mr. Barr will concentrate his efforts on the other member companies of the International Metals Group, as President & CEO of Pacific North West Capital Corp., El Nino Ventures and Next Gen Metals Inc.

Mr. R. David Russell will become the Chairman of the Board. Mr. Russell has been an integral part of the Board of Directors to date and has committed to work with Mr. Goodwin and his team to advance the company through its objectives.

Mr. Russell has over 33 years of experience in the mining industry including a variety of operating, executive and boards of director positions. Mr. Russell is the Chairman of Pure Nickel (NIC:TSX), Lead Director for Fire River Gold (FAU:TSX.V) and a Director for General Molybdenum (GMO:AMEX). Previously, Mr. Russell was the Founder, President, CEO and Director of the former Apollo Gold Corporation, (now Brigus Gold Corp. after the June 24, 2010, Apollo Gold and Linear Gold Merger), and the same for the predecessor company, Nevoro Gold from 1999 - 2002. From 1994 - 1999, Mr. Russell was Vice President and COO for Getchell Gold Corporation, a Nevada gold producer with production of 200,000 ounces of gold. Getchell Gold was acquired by Placer Dome Inc. in 1999 for $1.1 Billion. Prior to working at Getchell, Mr. Russell was VP of US Operations for LAC Minerals Ltd. and, after their acquisition by Barrick Gold Corporation, Mr. Russell stayed on with Barrick Gold. Other companies Mr. Russell worked for included ASARCO, Hecla and Meridian Gold. Mr. Russell received a Bachelor of Science degree in Mining Engineering from Montana Tech at the University of Montana. From 1994 to 1999, Mr. Russell was Vice President and Chief Operating Officer for Getchell Gold Corporation ("Getchell"), a Nevada gold producer which was acquired in 1999 by Placer Dome Inc. (NYSE: PDG) for US$1.09 billion. Prior to working for Getchell, Mr. Russell was General Manager, US operations, for LAC Minerals Ltd. and, after their acquisition, Barrick Gold Corporation. Mr. Russell received his Mining Engineering Degree from Montana Tech at the University of Montana.

Mr Richard Goodwin, P. Eng., former Vice President, Mining will become the Company's new President & COO. Mr. Goodwin. is a professional mining engineer with over 25 years experience in underground mine operations, engineering consulting and corporate management. Early in his career, Mr. Goodwin worked at the Myra Falls Operations of Westmin Resources Ltd. for ten years, during which time he performed numerous mine engineering roles and three years of hands-on experience as an underground miner. In 1995 he became a consulting mining engineer, first with MRDI Canada as a Principal Engineer and later with Snowden MIC, where he managed Snowden's steady growth in Canada. Mr. Goodwin then went on to manage the development, test mining and completion of feasibility studies as Vice President, Mining, for Yukon Zinc Corporation's Wolverine zinc-silver project.

Prior to joining the Company, Mr. Goodwin oversaw a $300 M project for the construction of a 2000 tonne-per-day polymetallic mine as Chief Operating Officer & Vice President Mining for Redcorp Ventures Ltd. In each of his last three assignments, he has demonstrated the ability to assemble and manage a competent technical team to manage advanced stage mining projects.

Mr. Barr stated, "I would like to thank our shareholders and the financial community who supported Fire River Gold over the last two years. Without their continued support and belief, Fire River Gold would not have been able to accomplish its objectives. I am exceptionally proud of the team of people I leave in charge. Richard Goodwin has always been the driving force behind the technical side of Fire River Gold and more specifically the development of the Nixon Fork Project to date. He has done an exceptional job building a highly regarded technical team that is poised to restart the Nixon Fork Gold Mine. I would also like to thank our growing team of directors, employees and consultants, whose countless hours and dedication have helped to accomplish our objectives to date and developed Fire River Gold into one of Alaska's newest emerging producers. I have always focused on exploration, acquisitions and financings throughout my career. I am very proud to say that during my tenure as CEO with Fire River Gold, our team has either met or exceeded all of our objectives to date. From a shareholders point of view, I believe it is time to let a production team take this Company to the next level. I look forward to working with Richard and David in my new capacity as a financial advisor to Fire River Gold".

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production in 2011. The Nixon Fork Gold Mine is a permitted and bonded mine which include a ~200 tpd processing plant with a gravity gold circuit, sulphide flotation circuit and a gold recovery system (CIL circuit) that is scheduled to be completed by Summer 2011. The mine also includes a fleet of surface & underground mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip. A 28,000 metre exploration and ore definition drill program is in progress to expand the current resources and support the detailed mine plan.

Fire River Gold Corp is a member of the International Metals Group.
(www.internationalmetalsgroup.com)

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.
"Richard Goodwin"

Richard Goodwin
President and COO

[Picker56 [KommA]]

Anscheinend DARF FAU nicht steigen.

Seit Tagen wird gegen Schluss jedesmal kräftig gedrückt.

Mal sehen, wo der Sinn dahinter steht ????

Picker56

[mark_twain]

Corporate Update for the Nixon Fork Gold Mine - $7,000,000 Non Brokered Private Placement

Mar. 4, 2011 (Canada NewsWire Group) --

VANCOUVER, March 4 /CNW/ - Fire River Gold Corp. (TSX.V: FAU; OTCQX: FVGCF; FSE: FWR) (the "Company", "Fire River") wishes to present a corporate update for the Nixon Fork Gold Mine Project and to announce a non-brokered private placement.

Corporate Update

Fire River Gold Project is being prepared to resume production in the summer of 2011. A staff of over 40 site workers has been hired to manage the site. Activities include:

* Diamond drilling with two underground Hagby drills, which are averaging approximately 100 ft of drilling per shift each.
* An extensive rehabilitation project in the main ventilation raise is nearly complete
* Construction of the cyanidation plant is ongoing with a crew of five workers. Three of the five leach tanks have been installed and all lead time orders have been placed to achieve a targeted completion date of July 2011.
* Test mining and ore stockpiling will begin in March, building a stock pile for the re-commissioning of the mill in June.

These activities are all being managed by Leonard Therrien, our Mine Manager and Bruce Ferguson, our mill superintendent.

Private Placement

The non-brokered placement will be for up to 14,000,000 units at a purchase price of $0.50 per unit for gross proceeds of up to $7,000,000.

Each unit will consist of one common share and one-half of one non-transferable share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one common share of the Company at a price of $0.70 per share for 18 months, subject to accelerated expiry, such expiry being accelerated to 30 days in the event the Company's shares have closed at or above a price of $0.90 per share for 10 consecutive trading days.

A finder's fee may be payable in accordance with regulatory policies. The foregoing is subject to regulatory approval.

The proceeds from the private placement will be used primarily to supplement the Company's working capital budget by covering the operating costs (estimated at $2.5 M per month) as the mine ramps up to full production, to evaluate and expand the exploration drilling program, and to review potential acquisitions.

[Flack]

Was für ne Überraschung - schon wieder eine Verwässerungsaktion! Ach nee - was für ne Überraschung!

Haut wech die Scheiße!

Flack

[ooy]

Antwort auf Beitrag Nr.: 41.150.982 von Flack am 04.03.11 20:42:09

War schon laenger angekuendigt und bekannt...

[Silberbaron]

Der Zeitplan bis Juli ist für mich wichtiger, als die Kapitalerhöhung:

Test mining and ore stockpiling will begin in March, building a stock pile for the re-commissioning of the mill in June.

Also geht's bereits in diesem Monat mit den letzten Vorbereitungen der Mine los, wobei im Juni dann die Mine in Betrieb genommen wird. Die Zyankalisache kommt dann im Juli an die Reihe. Das ist Musik!!!



Die Ankündigung der Kapitalsuche im Snowdenbericht am 17. Februar ist bereits umgesetzt:

Capital costs to resume production are estimated to be $6.3 M with a projected payback of 3 months

Auch das ist Musik, in solch kurzen Abständen regelmässig Geld zu beschaffen.


Jetzt fehlen nur noch gute Bohrergebnisse der laufenden Exploration und keine Wasserprobleme im Frühling, wenn der Schnee taut.

Für mich nach wie vor ein SUPERINVESTMENT mit gutem CHANCE/RISIKO-Verhältnis.

Für die Edelmetalle
Silberbaron

[dives]

Antwort auf Beitrag Nr.: 41.154.655 von Silberbaron am 06.03.11 15:33:13

Also das Grundwassermanagement ist in fast jeder Mine ein Thema, und zwar eines das mit angemessenen technischen Mitteln normalerweise problemlos beherrscht wird. Nur wenige hochgelegene Minen in ariden Regionen kommen vollkommen ohne Grundwassermanagement aus. Deshalb verstehe ich nicht ganz, warum das Thema Grundwasserspiegel hier und vor allem bei yahoo finance von einem einzelnen User so hochgespielt wird. Bei yahoo finance scheint allerdings auch eher ein gefrusteter ehemaliger Mitarbeiter seinen Dampf abzulassen.

Ich meine auch, daß man einfach mal abwarten sollte, wie sich die Inbetriebnahme der Erzaufbereitung im Sommer so anläßt und welche weiteren Fortschritte das Unternehmen danach noch macht.

[drgold]

Hallo dives,

bei Fire River bin ich hin und her gerissen und war auch schon ´mal drin.

Dann habe ich mich mit Harry Barr beschäftigt und bin dann +-0 wieder ausgestiegen. Eigentlich wollte ich aufgrund von Harry Barr nichts mehr mit Fire River zu tun haben. Doch als ich gehört habe, dass er zurück getreten ist, habe ich mich wieder mit der Gesellschaft beschäftigt, weil das ganze sehr positiv aussah. Doch nach längerem Nachdenken sieht die ganze Geschichte nicht mehr so positiv aus:

Harry Barr ist weiterhin Großaktionär!
Er hat das Projekt akquiriert und die Finanzierung organisiert - will er sich jetzt aus der Schusslinie nehmen, wegen seiner miserablen Ergebnisse bei den anderen von ihm geleiteten Explorer?
Er hat ständig Private Placements durchgeführt, obwohl die gesamte Ausrüstung und Genehmigung vorlag - wofür?
Hängt das mit der abgesoffenen Mine zusammen?

Fragen uber Fragen!

Ich bleibe erst ´mal draußen und warte auf den Sommer. Obwohl die ja wohl erst einmal mit den Abraumhalden beginnen wollten, wenn ich das recht in Erinnerung habe.

Vorsicht, Vorsicht, Vorsicht!

Glück auf gold

[dives]

Antwort auf Beitrag Nr.: 41.155.577 von drgold am 06.03.11 23:25:34

Bei Tausenden von Explorern scheinen die Anleger nichts als hochfliegende Phantasien zu handeln, nur um nach Jahren regelmäßig auf dem harten Boden der Tatsachen zu landen, nach einem Totalverlust.

Bei Fire River dagegen ist solide Substanz vorhanden: Eine Mine mit allen erforderlichen Genehmigungen, eine weit vorangeschrittene Exploration, eine vollständig ausgebaute Minen-Infrastruktur und eine kurz vor der Inbetriebnahme stehende Erzaufbereitung. Darüber hinaus gibt es auch noch ein Abraumbecken mit verarbeitungswürdigem Konzentrat, das man in der Startphase zu geringen Kosten im wahrsten Sinn des Wortes "zu Gold" machen kann.

Wahrscheinlich kommt irgendwann ganz unvermittelt ein Stimmungswandel, spätestens bei der Inbetriebnahme. Jedenfalls ist das Chance-Risiko-Verhältnis bei Fire River deutlich entspannter als bei Titeln, die nur heiße Luft handeln.

[kaliho]

http://www.tmxmoney.com/en/news/company_releases/news_full.h…

FAU: TSX.V
FVGCF: OTCQX
FWR: FSE
www.firerivergold.com

92.2 g/t ( 2.69 opt) gold over 3.6 m (11.8 ft) in hole N10U-033
33.2 g/t (0.97 opt) gold and 165.2 g/t (4.8 opt) silver over 1.5 m (4.9 ft) in hole N10U-028
Second underground diamond drill employed - 2 shifts 24/7
28,000 metre drill program ongoing with 9635 metres drilled to date
VANCOUVER, March 7 /CNW/ - Fire River Gold Corp. (TSX-V: FAU; OTCQX: FVGCF; FSE: FWR) ("FAU" or the "Company") is pleased to announce results obtained from the 2010 28,000 metre drill program at the Nixon Fork Gold Mine situated in Alaska's Tintina Gold Belt. The Company has received assay results of drillholes 26 through 35 (N10U-026 - N10U-035) from the 3000 Zone.

New significant intercepts include N10U-033 returning grades of 92.2 g/t (2.69 opt) gold over 3.6 m (11.8 ft) and 33.2 g/t (0.97 opt) gold and 165 g/t (4.82 opt) silver over 1.5 m (4.9 ft) in hole N10U-028. A complete list of significant intercepts is provided in Table 1. The widths of the intercepts are approximate to the true width of the mineralized intercept.

Management of Fire River Gold continues to be encouraged with the results from the 2010 drill program, because it is exhibiting the potential to provide additional resources to the mill.

Table 1. Results from holes N10U-026 to N10U-035

Hole From To Length Length Au Au Ag Ag Cu
Number (metres) (metres) (metres) (feet) (gpt) (opt) (gpt) (opt) (%)
Location 3000 Zone
N10U-026 NSI
N10U-027 35.5 36.9 1.4 4.7 6.2 0.18 2.0 0.06 0.01
N10U-028 107.4 108.9 1.5 4.9 33.2 0.97 165.2 4.82 10.85
N10U-029 49.0 50.3 1.3 4.3 18.2 0.53 2.0 0.06 0.06
N10U-030 45.4 46.9 1.5 4.9 7.2 0.21 0.5 0.01 -
75.5 76.3 0.8 2.6 3.9 0.11 61.0 1.78 0.12
N10U-031 NSI
N10U-032 NSI
N10U-033 53.3 56.9 3.6 11.8 92.2 2.69 52.2 1.52 1.80
N10U-034 42.7 45.7 3.0 9.8 1.2 0.03 250.0 7.29 0.15
57.1 59.1 2.0 6.6 2.4 0.07 0.5 0.01 -
N10U-035 46.9 47.9 1.0 3.3 3.9 0.11 338.0 9.86 1.30
51.0 56.0 5.0 16.4 24.5 0.71 289.3 8.44 1.29

To view photos, tables and figures associated with this press release, please follow the hyperlink below:
http://www.firerivergold.com/s/NewsReleases.asp?ReportID=446…

Nixon Fork Gold Mine

The Nixon Fork Gold Mine was acquired in September 2009. From 1995 - 2007, the project produced approximately 175,000 ounces of gold at an average grade of 39 grams per ton (1.14 opt). The mining and processing facilities at Nixon Fork are permitted and bonded. The deposit is a gold-rich copper silver skarn typical of other skarn systems found throughout the world. At Nixon Fork, the higher grades are found in steeply plunging pipe-like bodies which are oxidized to depths of up to 350 meters below the surface. Oxidization of the system has resulted both in secondary copper and gold, with high grades and a "nuggety" distribution.

The Qualified Person for this news release is Richard Goodwin, P.Eng., Vice President of Mining for Fire River Gold.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production in 2011. The Nixon Fork Gold Mine is a permitted and bonded mine which include a ~200 tpd processing plant with a gravity gold circuit, sulphide flotation circuit and a gold recovery system (CIL circuit) that is scheduled to be completed by Summer 2011. The mine also includes a fleet of surface & underground mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip.

Fire River Gold Corp is a member of the International Metals Group.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

Richard Goodwin
President & C.O.O" target="_blank" rel="nofollow ugc noopener">[http://www.tmxmoney.com/en/news/company_releases/news_full.h…

FAU: TSX.V
FVGCF: OTCQX
FWR: FSE
www.firerivergold.com

92.2 g/t ( 2.69 opt) gold over 3.6 m (11.8 ft) in hole N10U-033
33.2 g/t (0.97 opt) gold and 165.2 g/t (4.8 opt) silver over 1.5 m (4.9 ft) in hole N10U-028
Second underground diamond drill employed - 2 shifts 24/7
28,000 metre drill program ongoing with 9635 metres drilled to date
VANCOUVER, March 7 /CNW/ - Fire River Gold Corp. (TSX-V: FAU; OTCQX: FVGCF; FSE: FWR) ("FAU" or the "Company") is pleased to announce results obtained from the 2010 28,000 metre drill program at the Nixon Fork Gold Mine situated in Alaska's Tintina Gold Belt. The Company has received assay results of drillholes 26 through 35 (N10U-026 - N10U-035) from the 3000 Zone.

New significant intercepts include N10U-033 returning grades of 92.2 g/t (2.69 opt) gold over 3.6 m (11.8 ft) and 33.2 g/t (0.97 opt) gold and 165 g/t (4.82 opt) silver over 1.5 m (4.9 ft) in hole N10U-028. A complete list of significant intercepts is provided in Table 1. The widths of the intercepts are approximate to the true width of the mineralized intercept.

Management of Fire River Gold continues to be encouraged with the results from the 2010 drill program, because it is exhibiting the potential to provide additional resources to the mill.

Table 1. Results from holes N10U-026 to N10U-035

Hole From To Length Length Au Au Ag Ag Cu
Number (metres) (metres) (metres) (feet) (gpt) (opt) (gpt) (opt) (%)
Location 3000 Zone
N10U-026 NSI
N10U-027 35.5 36.9 1.4 4.7 6.2 0.18 2.0 0.06 0.01
N10U-028 107.4 108.9 1.5 4.9 33.2 0.97 165.2 4.82 10.85
N10U-029 49.0 50.3 1.3 4.3 18.2 0.53 2.0 0.06 0.06
N10U-030 45.4 46.9 1.5 4.9 7.2 0.21 0.5 0.01 -
75.5 76.3 0.8 2.6 3.9 0.11 61.0 1.78 0.12
N10U-031 NSI
N10U-032 NSI
N10U-033 53.3 56.9 3.6 11.8 92.2 2.69 52.2 1.52 1.80
N10U-034 42.7 45.7 3.0 9.8 1.2 0.03 250.0 7.29 0.15
57.1 59.1 2.0 6.6 2.4 0.07 0.5 0.01 -
N10U-035 46.9 47.9 1.0 3.3 3.9 0.11 338.0 9.86 1.30
51.0 56.0 5.0 16.4 24.5 0.71 289.3 8.44 1.29

To view photos, tables and figures associated with this press release, please follow the hyperlink below:
http://www.firerivergold.com/s/NewsReleases.asp?ReportID=446…

Nixon Fork Gold Mine

The Nixon Fork Gold Mine was acquired in September 2009. From 1995 - 2007, the project produced approximately 175,000 ounces of gold at an average grade of 39 grams per ton (1.14 opt). The mining and processing facilities at Nixon Fork are permitted and bonded. The deposit is a gold-rich copper silver skarn typical of other skarn systems found throughout the world. At Nixon Fork, the higher grades are found in steeply plunging pipe-like bodies which are oxidized to depths of up to 350 meters below the surface. Oxidization of the system has resulted both in secondary copper and gold, with high grades and a "nuggety" distribution.

The Qualified Person for this news release is Richard Goodwin, P.Eng., Vice President of Mining for Fire River Gold.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production in 2011. The Nixon Fork Gold Mine is a permitted and bonded mine which include a ~200 tpd processing plant with a gravity gold circuit, sulphide flotation circuit and a gold recovery system (CIL circuit) that is scheduled to be completed by Summer 2011. The mine also includes a fleet of surface & underground mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip.

Fire River Gold Corp is a member of the International Metals Group.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

Richard Goodwin
President & C.O.O

[Picker56 [KommA]]

Und trotz der guten Nachricht gibt es kein Signal vom Markt, dass das Bohrergebnis auch wahr genommen wird.

Also üben wir uns weiterhin in Geduld.

Picker56

[websin]

Antwort auf Beitrag Nr.: 41.166.152 von Picker56 am 08.03.11 17:34:17

Schon komisch, aber unser Wert ist zumindest seit ~Januar 2011 grundsolide im Aufwärtstrend

[websin]

Ein wenig zusätzl. Aufmunterung

Overall Short Intermediate Long
Bullish (0.48) Bullish (0.39) Very Bullish (0.64) Bullish (0.42)

http://www.stockta.com/cgi-bin/analysis.pl?symb=FAU.C

[kaliho]

Fire River Gold Moves to Tier 1 on the TSX Venture Exchange

VANCOUVER, Mar 8, 2011 (Canada NewsWire via COMTEX News Network) --

FAU: TSX.V FVGCF: OTCQX FWR: FSE

Fire River Gold Corp. (TSX.V: FAU; OTCQX: FVGCF; FSE: FWR) ("FAU" or the "Company") is pleased to announce that in accordance with the TSX Venture Exchange's ("TSX.V") Policy 2.5, the Company has met the requirements for a Tier 1 company. Therefore, effective at market open, Tuesday, March 8, 2011, FAU's tier classification will change from Tier 2 to Tier 1 - mining issuer, trading symbol: TSX.V:FAU.

Richard Goodwin, President & COO for FAU stated: "Our team has worked very hard over the past few years to build this company" said Mr. Richard Goodwin, President of Fire River Gold, "We are proud to achieve this benchmark and pleased to get this recognition from the TSX V."

About Fire River Gold Corp. Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production in 2011. The Nixon Fork Gold Mine is a permitted and bonded mine which include a ~200 tpd processing plant with a gravity gold circuit, sulphide flotation circuit and a gold recovery system (CIL circuit) that is scheduled to be completed by Summer 2011. The mine also includes a fleet of surface & underground mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip.

Fire River Gold Corp is a member of the International Metals Group.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

"signed"

Richard Goodwin President & C.O.O

[Flack]

Also gabs 'nen Orden'! Gold gabs leider keins....


Flack

[kaliho]

http://app.quotemedia.com/quotetools/newsStoryPopup.go?story…



Fire River Gold Reports Additional Underground Drill Holes Results: 202.7 g/t (5.91 opt) Gold Over 1.0 m (3.6 ft) at 3000 Zone, Nixon Fork Gold Mine, Alaska
Click Here for a Free Real-time Stock Quote on TSX-V: FAU

28.8 g/t (0.84 opt) gold over 13.7 m (44.9 ft) in hole N10U-038
including 96.1 g/t (2.80 opt) gold over 0.9 m (2.9 ft)
including 118.5 g/t (3.46 opt) gold plus 2.8% copper over 1.3 m (4.3 ft) at 3300 Zone
202.7 g/t (5.91 opt) Gold Over 1.0 m (3.6 ft) in hole N10U-040
8.6 g/t (0.25 opt) over 1.5 m (4.9 ft)
6.0 g/t (0.17 opt) over 0.8 m (2.6 ft) at 3000 Zone
March 14, 2011 Vancouver, Canada - Fire River Gold Corp (TSXV: FAU) (OTCQX: FVGCF) (FSE: FWR) ("FAU" or the "Company") is pleased to announce results obtained from the 2010 28,000 metre drill program at the Nixon Fork Gold Mine situated in Alaska's Tintina Gold Belt. The Company has received assay results of holes 36 through 40 (N10U-036 - N10U-040) from the lower extension 3000 and 3300 Zones.

New significant intercepts include N10U-038 returning grades of 28.8 g/t (0.84 opt) gold over 13.7 m (44.9 ft), including 96.1 g/t (2.80 opt) over 0.9 m (2.9 ft) and including 118.5 g/t (3.46 opt) over 1.3 m (4.3 ft) at lower extension 3300 Zone and intercept N10U-040 returning grades of 202.7 g/t (5.91 opt) Gold Over 1.0 m (3.6 ft) at lower extension 3000 Zone. A complete list of significant intercepts is provided in Table 1. The widths of the intercepts are approximate to the true width of the mineralized intercept.

The Company is once again encouraged with the results from the 2010 drill program, because it is exhibiting the potential to provide additional resources to the mill. Drill results are being used to guide the six-month operating plan for the mine start up.

Table 1. Results from holes N10U-036 to N10U-040

Hole
From
To
Length
Length
Au
Au
Ag
Ag
Cu
Number
(metres)
(metres)
(metres)
(feet)
(gpt)
(opt)
(gpt)
(opt)
(%)
Location 3300 Zone







N10U-036
NSI








N10U-037
25.3
26.8
1.5
4.9
6.0
0.17
5.0
0.15
0.52
N10U-038
74.0
87.8
13.7
44.9
28.8
0.84
11.5
0.34
0.69
including
75.4
76.4
0.9
2.9
96.1
2.80
48.0
1.40
2.82
including
78.6
79.9
1.3
4.3
118.5
3.46
23.0
0.67
1.32
N10U-039
71.8
78.0
6.1
20.0
7.0
0.20
17.3
0.50
1.21
Location 3000 Zone








N10U-040
35.2
36.3
1.1
3.6
202.7
5.91
39.1
1.14
1.88

42.4
43.9
1.5
4.9
8.6
0.25
14
0.41
0.78

65.2
66.0
0.8
2.6
6.0
0.17
7.1
0.21
0.31
All core from the 2010 program was logged at the Nixon Fork Mine camp. The core was then sawn in half, and half of the sample shipped to ALS Minerals, a certified analytical laboratory located in Reno Nevada and a subsidiary of ALS Laboratory Group.

Nixon Fork Gold Mine

The Nixon Fork Gold Mine was acquired in September 2009. From 1995 - 2007, the project produced approximately 175,000 ounces of gold at an average grade of 39 grams per ton (1.14 opt). The mining and processing facilities at Nixon Fork are permitted and bonded. The deposit is a gold-rich copper silver skarn typical of other skarn systems found throughout the world. At Nixon Fork, the higher grades are found in steeply plunging pipe-like bodies which are oxidized to depths of up to 350 meters below the surface. Oxidization of the system has resulted both in secondary copper and gold, with high grades and a "nuggety" distribution.

The Qualified Person for this news release is Richard Goodwin, P.Eng, President & C.O.O for Fire River Gold.





About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production in 2011. The Nixon Fork Gold Mine is a permitted and bonded mine which include a ~200 tpd processing plant with a gravity gold circuit, sulphide flotation circuit and a gold recovery system (CIL circuit) that is scheduled to be completed by Summer 2011. The mine also includes a fleet of surface & underground mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip.

Fire River Gold Corp is a member of the International Metals Group.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

Richard Goodwin
President & C.O.O

[kaliho]

http://app.quotemedia.com/quotetools/newsStoryPopup.go?story…

." target="_blank" rel="nofollow ugc noopener">http://app.quotemedia.com/quotetools/newsStoryPopup.go?story…

.

[kaliho]

http://app.quotemedia.com/quotetools/newsStoryPopup.go?story…

[Sheriff-von-Nottingham]

das sind gute Ergebnisse mMn. Nachdem die AKW-Sache ausgestanden ist, sollte FAU nach oben preschen!

[websin]

Antwort auf Beitrag Nr.: 41.200.750 von Sheriff-von-Nottingham am 14.03.11 17:59:14

hoffnung sei mit uns

[Silberbaron]

Antwort auf Beitrag Nr.: 41.154.696 von dives am 06.03.11 16:05:27

Also das Grundwassermanagement ist in fast jeder Mine ein Thema, und zwar eines das mit angemessenen technischen Mitteln normalerweise problemlos beherrscht wird. Nur wenige hochgelegene Minen in ariden Regionen kommen vollkommen ohne Grundwassermanagement aus. Deshalb verstehe ich nicht ganz, warum das Thema Grundwasserspiegel hier und vor allem bei yahoo finance von einem einzelnen User so hochgespielt wird. Bei yahoo finance scheint allerdings auch eher ein gefrusteter ehemaliger Mitarbeiter seinen Dampf abzulassen.

Antwort:
Ich bin der Meinung, dass man die Grundwassergeschichte ernst nehmen sollte. Meines Wissens ist die Sunshine Mine im Silbervalley auch wegen solchen Problemen Pleite gegangen. Deshalb habe ich es in meinem Posting erwähnt.

Fire River hat normal wie alle anderen Minenwerte korrigiert! Die Zeit wird zeigen, ob wir hier ein Topinvestment haben oder eine Blüte, die schnell wieder welkt.

Good investing.

Silberbaron

[kaliho]

Fire River Gold Announces 125.5g/t (3.66 opt) Gold Over 6.0 m (19.7 ft) At Nixon Fork Gold Mine, Alaska

125.5g/t (3.66 opt) gold over 6.0 m (19.7ft) in hole N10U-041
including 189.0 g/t (5.51 opt) gold over 3.5 m (11.5 ft)
76.2 g/t (2.22 opt) gold over 4.1 m (13.5ft) in hole N10U-042
including 245.0 g/t (7.15 opt) over 1.2 m (3.9 ft)
28,000 metre drill program on going with two company-operated drill
FAU: TSX.V
FVGCF: OTCQX
FWR: FSE

VANCOUVER, March 21 /CNW/ - Fire River Gold Corp (TSXV: FAU) (OTCQX: FVGCF) (FSE: FWR) ("FAU" or the "Company") is pleased to announce results obtained from the 2010 28,000 metre drill program at the Nixon Fork Gold Mine situated in Alaska's Tintina Gold Belt. The Company has received assay results of two holes (N10U-042 - N10U-042) from the lower extension 3000 and 3300 Zones.

New significant intercepts include N10U-041 returning grades of 125.5g/t (3.66 opt) gold over 6.0 m (19.7 ft) in hole N10U-041 including 189.0 g/t (5.51 opt) gold over 3.5 m (11.5 ft) and intercept N10U-042 returning grades of 76.2 g/t (2.22 opt) gold over 4.1 m (13.5 ft), including 245.0 g/t (7.15 opt) over 1.2 m (3.9 ft) at lower extension 3000 Zone. A complete list of significant intercepts is provided in Table 1. The widths of the intercepts are approximate to the true width of the mineralized intercept.

The Company is once again encouraged with the results from the 2010 drill program, because it is exhibiting the potential to provide additional resources to the mill. Drill results are being used to guide the six-month operating plan for the mine start up. Drill production has risen steadily over the course of the project. Both underground drills are now fully staffed, producing 900 m of drilling per week. The 28,000 m drill program is approximately 46%, with over 13,000m drilled to-date.

Table 1. Results from Holes N10U-041 and N10U-042

Hole From To Length Length Au Au Ag Ag Cu
Number (metres) (metres) (metres) (feet) (gpt) (opt) (gpt) (opt) (%)
Location 3300 Zone
N10U-041 31.7 37.7 6.0 19.7 125.5 3.66 45.4 1.32 3.03
Including 34.1 37.7 3.5 11.5 189.0 5.51 58.0 1.69 3.87
N10U-042 32.2 36.3 4.1 13.5 76.2 2.22 17.3 0.50 0.73
Including 33.2 34.4 1.2 3.9 245.0 7.15 24.0 0.70 1.15
Quality Assurance and Quality Control (QA/QC)

Rigorous controls are in place to ensure the traceability of samples and their results. Upon delivery core is prepped and logged with intervals of interest and/or mineralization marked for sampling. The core is subsequently photographed prior to cutting. Half the core is retained for future reference and the remaining half placed in double poly bags and sealed for shipment. Samples are delivered to ALS Chemex in Fairbanks, AK where they are dried, crushed, and representative splits are transported to ALS Chemex labs in either Reno, NV or Vancouver, BC for assay. ALS Chemex complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025:1999. Analysis includes Fire Assay with gravimetric finish for gold and ICP for 33 other elements. Gold assays results greater than 5 ppm are automatically re-submitted for screen metallic analysis. QA/QC is verified using external standards, blanks, and duplicates with 13% of all samples submitted being QA/QC check samples. Results are examined ensuring control samples fall within 2.5 standard deviations of certified values. Failed results are re-analyzed by the lab and/or additional samples from the remaining core are submitted for analysis.

Nixon Fork Gold Mine

The Nixon Fork Gold Mine was acquired in September 2009. From 1995 - 2007, the project produced approximately 175,000 ounces of gold at an average grade of 39 grams per ton (1.14 opt). The mining and processing facilities at Nixon Fork are permitted and bonded. The deposit is a gold-rich copper silver skarn typical of other skarn systems found throughout the world. At Nixon Fork, the higher grades are found in steeply plunging pipe-like bodies which are oxidized to depths of up to 350 meters below the surface. Oxidization of the system has resulted both in secondary copper and gold, with high grades and a "nuggety" distribution.

The Qualified Person for this news release is Richard Goodwin, P.Eng, President & C.O.O for Fire River Gold.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production in 2011. The Nixon Fork Gold Mine is a permitted and bonded mine which include a ~200 tpd processing plant with a gravity gold circuit, sulphide flotation circuit and a gold recovery system (CIL circuit) that is scheduled to be completed by Summer 2011. The mine also includes a fleet of surface & underground mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip.

Fire River Gold Corp is a member of the International Metals Group.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

(signed)

Richard Goodwin
President & C.O.O.

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek safe harbour.

For further information:
Tel: [phone] Fax: [phone]
Email: [e-mail] or visit www.firerivergold.com
2303 West 41st Avenue, Vancouver, B.C., Canada, V6M 2A3

report violationrec

[Flack]

Bitte nicht schon wieder - 3000 and 3300 Zones. Das sind doch genau die zwei Bohrlöcher, die unter dem Grundwasserspiegel liegen!!!

In den Bohrlöchern, die über dem Grundwasserspiegel liegen, wird nie was gefunden. Hat wohl der Vorbesitzer schon alles abgeräumt....Der war gar nicht so dumm!


Flack

[drgold]

http://www.theaureport.com/pub/co/2329

DESCRIPTION: Fire River Gold Corp. is a near-term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production within the next year.

Das ist der negative Hammer! Bisher sollte doch immer bis zum Sommer dieses Jahres mit der Produktion begonnen werden. Jetzt heißt es innerhalb des nächsten Jahres.

Und dann schon wieder das:

http://www.firerivergold.com/s/NewsReleases.asp?ReportID=447…

March 18, 2011. Vancouver, Canada -- Fire River Gold Corp. (TSX.V: FAU; OTCQX: FVGCF; FSE: FWR) (the "Company") is pleased to announce that further to its news release dated March 4th 2011, the Company has completed the first tranche of its non-brokered private placement and has issued 4,425,000 units (the "Units") at a price of $0.50 per Unit for gross proceeds of $2,212,500.

Fire River Gold ist definitiv keine Aktie, die man haben muss. Ich stelle die Beobachtung ein!

[chriroe]

trotz aller Probleme mit Grundwasser, Verschiebung des Produktionsstarts und Aktienverwässerung sind die jüngsten Bohrergebnisse ein Traum.

Sollte heute für einigen Kursauftrieb in Kanada sorgen.

[ooy]

Antwort auf Beitrag Nr.: 41.246.982 von chriroe am 22.03.11 12:43:03

Hats gestern schon, danach kamen dann aber Gewinnmitnahmen, heute spielt die News keine Rolle mehr...

[websin]

Antwort auf Beitrag Nr.: 41.247.002 von ooy am 22.03.11 12:45:58

Gute NEWS sehr gute News...und was sagt der Kursverlauf? das Gegenteil...

TSX Venture 22.03.2011
14:31:52 0,500 CAD -0,030 -5,66% 20.000

ist wirklich nicht ermutigend.

[dives]

Antwort auf Beitrag Nr.: 41.244.977 von drgold am 22.03.11 00:54:43

Hallo Dr Gold,

da hat der Gold Report ein Firmenprofil mit Stand 2010 kopiert. Ja, ja das Copy and Paste ist in letzter Zeit schon etwas in Verruf geraten, vor allem wenn man's nicht beherrscht. Der aktuelle Text von Fire River's Website lautet:

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production in 2011.

[Flack]

Antwort auf Beitrag Nr.: 41.248.953 von dives am 22.03.11 17:45:41

Glaube ich auch - Produktionsbeginn noch diesen Sommer!

Das geförderte Produkt (abzulagern ausschließlich innerhalb der Mine) wird allerdings Wasser sein.

Selten so einen bescheuerten Produktionsplan gesehen

Flack

[dives]

Antwort auf Beitrag Nr.: 41.250.658 von Flack am 23.03.11 00:32:37

Für den Produktionsbeginn ist das Abpumpen des außerhalb der Mine im Abraumbecken gelagerten früheren Abraums vorgesehen. Dieses Material stammt aus der Betriebsphase des Vorbesitzers der Mine, als noch mit einem sehr ineffizienten Extraktionsverfahren gearbeitet wurde. Deswegen enthält der Abraum noch immer vergleichsweise hohe Konzentrationen an Gold und Silber. Inzwischen stehen effizientere Extraktionsverfahren zur Verfügung. Die Anlage wird derzeit von Fire River auf den neuesten Stand der Technik gebracht, so daß das Abraummaterial gewinnbringend aufgearbeitet werden kann.
D.h. Fire River wird dieses Jahr noch gar nicht auf den Abbau neuen Materials aus der Mine angewiesen sein, sondern kann ausschließlich bereits abgebautes Material verwenden.

Deshalb läßt man sich wohl auch Zeit mit deren weiterer Erschließung und investiert erst einmal in die Detail-Exploration der Lagerstätte. Meiner Vermutung nach wird man parallel dazu im Lauf dieses Jahres außerdem die Planungen zum Grundwassermanagement vorantreiben. Das macht allerdings erst dann Sinn, wenn feststeht, wo wieviel abbauwürdiges Material vorzufinden ist und in welcher Reihenfolge der Abbau am wirtschaftlichsten vollzogen werden kann.

[Flack]

Antwort auf Beitrag Nr.: 41.251.894 von dives am 23.03.11 10:27:40

Wo - außer im Abraumbecken - ist abbaufähiges Material vorhanden? In den 3000 and 3300 Zonen, u.z. nur da. Leider liegen die unter dem Grundwasserspiegel, und FAU darf das Grundwasser nicht einfach abpumpen --> wenn das Abraumbecken leer ist, ists mit der Goldproduktion bei FAU auch schon wieder vorbei!

Flack

[dives]

Antwort auf Beitrag Nr.: 41.254.192 von Flack am 23.03.11 16:23:53

Das stimmt so nicht ganz. Fire River hat noch keine Genehmigung zum Abpumpen von Grundwasser erhalten, weil noch gar keine beantragt worden ist. Diesen Schritt unternimmt ein Bergbauunternehmen üblicherweise erst dann, wenn der Produktionsplan erstellt ist und genau bekannt ist, auf welchen Niveaus abgebaut werden soll. Natürlich wird dann auch versucht, die Maßnahmen zum Grundwassermanagement so kurz und so billig wie möglich zu halten. Zum jetzigen Zeitpunkt ist noch nicht einmal sicher, ob das Abpumpen von Grundwasser auf dem Produktionslevel überhaupt nötig sein wird.

[Flack]

Antwort auf Beitrag Nr.: 41.254.979 von dives am 23.03.11 18:09:38

Na, das klingt aber jetzt schon ganz anders als das 'fully bonded', mit dem sonst gerne geworben wird! Die Probleme mit den notwendigen Genehmigungen liegen also noch vor FAU, nicht hinter FAU!

Flack

[dives]

Antwort auf Beitrag Nr.: 41.258.538 von Flack am 24.03.11 10:33:33

Hallo Flack,

wovon redest Du da eigentlich?

Die Anträge müssen detailliert den Umfang und die Art jedes Grundwassereingriffs angeben. So etwas ist erst im letzten Stadium der Detailplanungen des Produktionsablaufs möglich, und zwar bei jeder derart beschaffenen Mine. Außerdem bezeichnet der Begriff "fully bonded" keine Genehmigung, sondern eine bestimmte rechtliche Erfordernis. Hier bezieht er sich auf die nach kanadischen Bergbaurecht erforderlichen finanziellen Rücklagen und Bürgschaften, die nach Beendigung der geplanten Bergbautätigkeit sicherstellen sollen, daß das Betriebsgelände in einen umweltverträglichen Zustand rückgebaut werden kann. Diese Rücklagen und Bürgschaften müssen vor Produktionsbeginn hinterlegt werden. Fire River ist dieser Verpflichtung bereits nachgekommen. Die meisten börsengehandelten Developper hingegen scheitern bereits am Bonding, weil sie die erforderlichen Millionenbeträge nicht aufzubringen vermögen.

[Flack]

Hallo dives,

danke für die Erläuterungen.

FAU hat also die Erfordernisse, nicht aber die Genehmigungen. Die Probleme mit den notwendigen Genehmigungen liegen also noch vor FAU, nicht hinter FAU!

Flack

[Silberbaron]

Antwort auf Beitrag Nr.: 41.266.121 von Flack am 25.03.11 12:43:05

An FLACK und DIVES:
Eure Diskussion gefällt mir, ich lerne viel!

DANK an euch Profis, zumindest scheint mir das so!

[Flack]

Antwort auf Beitrag Nr.: 41.268.346 von Silberbaron am 25.03.11 18:46:16

Bitte - immer wieder gerne!

Flack

[kaliho]

Fire River Gold Announces 65.3g/t (1.90 opt) Gold Over 5.5 m (18.0 ft) At Nixon Fork Gold Mine, Alaska
Click Here for a Free Real-time Stock Quote on TSX-V: FAU

65.3g/t ( 1.90 opt) gold over 5.5 m (18.0 ft) in hole N10U-043
124.3g/t (3.63 opt) gold over 2.7 m (8.9 ft) in hole N10U-044
28,000 metre drill program on going with two company-operated drills
March 28, 2011 Vancouver, Canada - Fire River Gold Corp (TSXV: FAU) (OTCQX: FVGCF) (FSE: FWR) ("FAU" or the "Company") is pleased to announce results obtained from additional holes drilled during its 28,000 metre drill program at the Nixon Fork Gold Mine, situated in Alaska's Tintina Gold Belt. The Company has received and confirmed assay results of two additional holes (N10U-043 - N10U-044) from the lower extension 3000 Zone.

The new intercepts include drillhole N10U-043, returned grades of 65.3g/t (1.90 opt) gold over 5.5 m (18.0 ft) and drillhole N10U-044 returning grades of 124.3 g/t(3.63 opt) gold over 2.7 m (8.9 ft) with significant intersections returning grades of 11.3 g/t (0.33 opt) gold over 0.6 m (2.0 ft), and 11.7 g/t (0.34 opt) over 1.5 m (4.9 ft) at lower extension 3000 Zone. A complete list of the intercepts is provided in Table 1. The widths of the intercepts are approximate to the true width of the mineralized intercept. Both holes target the down dip extension of the 3000 zone.

The Company operates two drills continuously in the Crystal Mine. They are primarily focussed on detailing mineralized zones scheduled for the first six months of mining, beginning in June 2011. This includes filling in gaps in mineralization and extending open zones along strike and dip.

Table 1. Results from Holes N10U-041 and N10U-042


Hole
From
To
Length
Length
Au
Au
Ag
Ag
Cu
Number
(metres)
(metres)
(metres)
(feet)
(gpt)
(opt)
(gpt)
(opt)
(%)
Location 3000 Zone







N10U-043
39.0
44.5
5.5
18.0
65.3
1.90
27.3
0.80
1.93
N10U-044
46.4
49.1
2.7
8.9
124.3
3.63
19.8
0.58
1.25

58.3
58.8
0.6
2.0
11.3
0.33
8.0
0.23
0.51

75.6
77,1
1.52
4.9
11.7
0.34
5.0
0.15
0.23
Quality Assurance and Quality Control (QA/QC)

Rigorous controls are in place to ensure the traceability of samples and their results. Upon delivery core is prepped and logged with intervals of interest and/or mineralization marked for sampling. The core is subsequently photographed prior to cutting. Half the core is retained for future reference and the remaining half placed in double poly bags and sealed for shipment. Samples are delivered to ALS Chemex in Fairbanks, AK where they are dried, crushed, and representative splits are transported to ALS Chemex labs in either Reno, NV or Vancouver, BC for assay. ALS Chemex complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025:1999. Analysis includes Fire Assay with gravimetric finish for gold and ICP for 33 other elements. Gold assays results greater than 5 ppm are automatically re-submitted for screen metallic analysis. QA/QC is verified using external standards, blanks, and duplicates with 13% of all samples submitted being QA/QC check samples. Results are examined ensuring control samples fall within 2.5 standard deviations of certified values. Failed results are re-analyzed by the lab and/or additional samples from the remaining core are submitted for analysis.

Nixon Fork Gold Mine

The Nixon Fork Gold Mine was acquired in September 2009. From 1995 - 2007, the project produced approximately 175,000 ounces of gold at an average grade of 39 grams per ton (1.14 opt). The mining and processing facilities at Nixon Fork are permitted and bonded. The deposit is a gold-rich copper silver skarn typical of other skarn systems found throughout the world. At Nixon Fork, the higher grades are found in steeply plunging pipe-like bodies that are oxidized to depths of up to 350 meters below the surface. Oxidization of the system has resulted both in secondary copper and gold, with high grades and a "nuggety" distribution.

The Qualified Person for this news release is Richard Goodwin, P.Eng, President & C.O.O for Fire River Gold.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production in Summer 2011. The Nixon Fork Gold Mine is a permitted and bonded mine which include a ~200 tpd processing plant with a gravity gold circuit, sulphide flotation circuit and a gold recovery system (CIL circuit) that is scheduled to be completed by Summer 2011. The mine also includes a fleet of surface & underground mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip.

Fire River Gold Corp is a member of the International Metals Group.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

Richard Goodwin
President & C.O.O

[Flack]

Antwort auf Beitrag Nr.: 41.277.494 von kaliho am 28.03.11 17:21:14

Bitte nicht schon wieder - 3000 Zone. Das ist doch genau eine der zwei Zonen (neben der 3300), die unter dem Grundwasserspiegel liegen!!!

In den Bohrlöchern, die über dem Grundwasserspiegel liegen, wird nie was gefunden. Hat wohl der Vorbesitzer schon alles abgeräumt....Der war gar nicht so dumm!


Flack

[dives]

Antwort auf Beitrag Nr.: 41.278.034 von Flack am 28.03.11 18:42:14

Hallo Flack,
Deine Kommentare bestehen aus den immer gleichen, substanzlosen Einlassungen. Offenbar fehlt Dir jedwede Kenntnis von Abbau- und Aufbereitungstechnik. Von Grundwassermanagement Hast Du wohl noch nie etwas gehört. Und selbst von einfachsten Grundlagen des Minenbetriebs scheinst Du überhaupt keinen blassen Schimmer zu haben. Da kann man nur einen Rat geben: Lass besser die Finger von allen Investments im Bergbau!

[ooy]

Antwort auf Beitrag Nr.: 41.281.508 von dives am 29.03.11 11:39:49

Da hilft nur ausblenden...

[Flack]

Antwort auf Beitrag Nr.: 41.281.508 von dives am 29.03.11 11:39:49

Hallo dives,

meine Kommentare sind nur der Gegenpart zu den immer gleichen, substanzlosen Veröffentlichungen seitens FAU über Bohrergebnisse in den Zonen 3000 und 3300, die beide unter Grundwasserniveau liegen - für welches FAU keine Abpumpgenehmigung hat.

Schon mal aufgefallen, daß es praktisch nie Veröffentlichungen seitens FAU über Bohrergebnisse aus anderen Zonen gibt (mit vernünftiger Mineralisierung)?

Flack

[dives]

Antwort auf Beitrag Nr.: 41.282.083 von Flack am 29.03.11 13:03:45

Auch diese Antwort legt nur vollkommene Unkenntnis des Ablaufs von bergbaurechtlichen Genehmigungsverfahren zutage. Einfach mal bei anderen Junior-Produzenten recherchieren. Ich hoffe immer noch, daß bei unserem Forenkollegen Flack nicht alles Hopfen und Malz verloren ist.

[dives]

Im einem Artikel der Mining News sind einige neue Neuigkeiten zu Fire River enthalten, vor allem zu den Planungen der Inbetriebnahme der Mine und der Aufbereitungstechnik.

Die Highlights meiner Meinung nach:

- Nutzung vorhandenen Abraummaterials aus dem oberen Teil der Crystal-Mine hat begonnen, d.h. der eigentliche Minenbetrieb ist in diesem Monat angelaufen ("Setting Fire River’s operational plan in motion, crews at Nixon Fork began mining in March.")

- Vortrieb eines Verbindungstunnels zw. den beiden Minenschächten Crystal und Mystery), damit mögliche Ausnutzung bisher nicht nutzbarer Goldvorkommen im Bereich zwischen den beiden Minenschächten

- Die Aufbereitungstechnik wird endgültig im Juni anlaufen und bis August auf 75% Kapazität hochgefahren.

Die jüngsten Fortschritte gefallen mir ganz gut. Aber jeder soll sich bitte seine eigene Meinung bilden.

Mehr dazu im Artikel der Mining News:
http://www.petroleumnews.com/pntruncate/188984834.shtml

[Flack]

Antwort auf Beitrag Nr.: 41.298.222 von dives am 31.03.11 17:32:00

Na, diese 'überaus positiven Nachrichten' kulmierten heute zu einem Abschlag von -8,27% 'Bravo!', möchte man dazu fast sagen....

Flack
P.S. Bei steigendem Goldpreis, natürlich....

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 41.300.409 von Flack am 31.03.11 22:58:06

...zu einem Abschlag von -8,27%

Du bist eine alte Quatschtante. Seit wann bezieht man sich bitte sehr nicht mehr auf die Heimatbörse??? Oder hab ich was verpasst?
Spiel dich doch nicht immer so auf.

TSX
0,485 cad ( 0,00%)

[Flack]

Heute wieder -1,97 %
- auch wieder nicht an der Heimatbörse!

Flack

[kaliho]

VANCOUVER, April 5 /CNW/ - Fire River Gold Corp. (TSX.V: FAU) (OTCQX:
FVGCF) (FSE: FWR) (the "Company") wishes to announce the President's
Corporate Update.


I am pleased to provide you, our shareholders with an update on the
progress of Fire River Gold Corp. (FAU: TSX.V). It is an exciting time
for the company as we make the transition from junior explorer to
operator by bringing the Nixon Fork Gold Mine back into production. The
board and past president, Harry Barr, chose to make a management change
to ready the company for this transition, with the appointment of David
Russell's as Chairman and me as President and COO. Both David and I are
seasoned veteran mining engineers with many years of operational
experience.


Fire River Gold is well funded, with approximately $15 million in the
treasury. In addition, the company is on the final stages of completing
the second tranche of a $7 million non-brokered private placement. The
purpose of this additional funding is to assure that the project can
overcome any unforeseen and unexpected difficulties that increase
spending or delay revenue. It will also fund operations during the lag
between production and payment by the smelter or refiner.


The mining group is led by the Mine Manager, Leonard Therrien, a 30 year
veteran gold miner from Marathon, Ontario, where he worked on the mines
in the Hemlo camp. There are approximately 45 employees at site, 20 of
which are miners. They are conducting underground diamond drilling
using two company-owned Hagby drills, which are continuously staffed.
This work is going very well, with total weekly footages steadily
improving (with between 600 and 900 meters drilled each week). The
miners have also completed an extension rehabilitation program for the
secondary egress and ventilation raise, inclining ladders, installing
grated platforms, and applying mesh to the walls where necessary.
Numerous ventilation short circuits have also been sealed, providing
stronger flows through the mine than during its last operating season.
The mine received its first load of explosives and is beginning to
stockpile mill feed for a June start up.


The ongoing diamond drilling has been extensively reported in several
news releases. It has been planned primarily for defining resources in
the stopes that will be mined earliest in the production forecast.
These are primarily in the upper portion of the Crystal Mine and will
supply approximately six months of mill feed.


The mine plan was presented in a Preliminary Economic Assessment
prepared by Snowden Mining Industry Consultants (filed on Sedar, 14
March 2011). Two concerted development projects have already begun
while these stopes are extracted:



The Crystal ramp is being deepened to access the down dip of extensions
of both the 3000 and 3300 zones (which represent our highest grade
resources). There is currently 3 ft of water at the bottom of the mine.
A 200,000 gallon reservoir is being constructed in the middle of the
Crystal Mine. Water from the bottom of the mine and the advancing ramp
face will be pumped to this reservoir, which will be used as the source
of mine water for drilling and for wetting muckpiles. The ramp has been
advanced 24 ft so far and is being driven as a priority heading.


We will drive a shallow ramp connecting the Crystal and Mystery Mines.
This heading is being driven as a secondary heading. The mine
connection is valuable for three reasons:



to provide secondary egress to both mines


to open the zone between the two mines to underground drilling (this
area is considered our best exploration target), and


to allow the mined rock from the Mystery mine to be hauled out the
Crystal Portal, eliminating surface haulage.




The technical group at the mine currently numbers nine, seven of which
are geologists and geology technicians. This number accurately portrays
the complexity of the deposit and the attention required to understand
the mineralized zones to expand the resources.


The underground mine fleet has been rebuilt through the course of the
winter. It is quite old, however, and several units will be added to
the fleet prior to resuming production including a remote 4 yd^3
scooptram, two x 20 ton trucks, and a one boom jumbo. A drill buggy for
longhole drilling and cable bolting has been purchased, as well as a
skytrack for services installation.


The other major activity at site is the completion of the cyanidation
plant inside the mill. Work is being performed under the direction of
Bruce Ferguson, our Mill Superintendent, and Alaska Mechanical Inc.'s
construction supervisor, Dave Alvey. They lead a small team of five
construction workers, which will be expanded to nine in April and 13 by
May.


The mill building was expanded by 80 feet of length in 2006 and most of
the equipment for a cyanidation circuit was purchased and delivered to
site. FAU has conducted a thorough review and of the existing design
and two important modifications were made: 1) the reduction of water to
the detox tanks through use of an existing idle thickener in the mill
and 2) the addition of a carbon stripping circuit (original plans were
to fly out loaded carbon from site). Work is progressing well, with
three of the five cyanidation tanks installed. All long lead items have
been ordered. The plant is projected to be operational by mid-summer.


The existing gravity and flotation circuits have also been inspected and
tested. The circuitry of the gravity circuit will be re-routed such
that it receives the cyclone feed rather than the full stream, which
should make the circuit more efficient and increase gravity gold
recovery. Some lines are frozen, but will be thawed before the
anticipated start up of these circuits in June.


Starting a mill is a tricky process that involves testwork, repair, and
fine-tuning of chemical additives, all done in an iterative fashion to
maximize gold recovery. FAU plans to stockpile the underground
production ahead of the mill start up period such that there is a
steady source of mill feed for mill commissioning. The existing dry
stack was permitted as an unlined facility, but will be lined in the
early summer. The percolation pond at the dry stack will also be
enlarged, lined and converted to a containment pond.


As the higher grade gold mineralization is not always visually
discernable, an extension amount of testhole sampling will be required
starting with diamond drilling, but including short jackleg or
jumbo-drilled holes. Accordingly, the assay lab is being re-started by
the end of March, for on-site grade control and to assay all mill
streams during start up and operations..


The utilities at site are managed by James Sadler, a veteran of the
operation through its last production period in 2007. The camp houses
85 workers, 50 in an older wing and 35 in a new wing completed in 2006.
Only the new wing is required at present. The maintenance group has
begun a renovation program to freshen the look of the old camp. This
will be completed in the summer of 2011. Other tasks for the group
include the completion of the new mine dry and conversion of the
existing mine dry for use by the mill workers.


The current plans for the operation are to operate the gravity and
flotation circuits in June of this year and commission the cyanidation
circuit shortly afterward in July or August. The operation is steadily
ramping up toward this goal and eager to start pouring gold.


While the Nixon Fork Gold Mine is the "central focus" for the company,
we are already investigating avenues for expansion. This will likely
take the form of additional acquisition of near-term or past producers,
as our management team is geared for production rather than
exploration.




On behalf of the Board of Directors, David and I would like to thank our
many shareholders for placing their faith in our company. This is a
challenging but exciting time for us and we will continue to do our
best to add value.




Yours sincerely,




(signed)

Richard Goodwin

President & COO


About Fire River Gold Corp.


Fire River Gold Corp. is a near term production company with an
experienced technical team focused on bringing its flagship project,
the Nixon Fork Gold Mine, back into production in 2011. The Nixon Fork Gold Mine is a permitted
and bonded mine which include a ~200 tpd processing plant with a
gravity gold circuit, sulphide flotation circuit and a gold recovery
system (CIL circuit) that is scheduled to be completed by Summer 2011.
The mine also includes a fleet of surface & underground mining
vehicles, a self-contained power plant, maintenance facilities,
drilling equipment, an 85 person camp, office facilities and a 1.2 km
long landing strip.


A 28,000 metre exploration and ore definition drill program is in
progress to expand the current resources and support the detailed mine
plan. Fire River Gold Corp. is a member of the International Metals
Group (http://www.internationalmetalsgroup.com/">www.internation…

[dives]

Antwort auf Beitrag Nr.: 41.321.215 von kaliho am 05.04.11 15:22:31

Danke für die neueste Pressemitteilung. Im wesentlichen wird darin ja das bestätigt, was vor einer Woche bereits in einem Artikel der Mining News angedeutet worden war. Nun also in Form einer Unternehmensmeldung offiziell bestätigt: Es geht tatsächlich los mit dem Minenbetrieb.

Auch die vielen weiteren Details zum Aufbau und Ausbau der Anlagenteile passen gut ins Bild einer zügig voranschreitenden Inbetriebnahme. Und selbst für den Fall eines unplanmäßig sich verzögernden Anlaufens der Mühle und der Aufbereitungstechnik wäre das Unternehmen mit der nun vorgenommenen Einrichtung eines Zwischenlagerplatzes gerüstet. Meiner Meinung nach kann man damit der weiteren Entwicklung relativ gelassen entgegensehen.

[chriroe]

Antwort auf Beitrag Nr.: 41.321.215 von kaliho am 05.04.11 15:22:31

und dieselbe Meldung hier auch auf Deutsch:

http://news.onvista.de/alle-news/artikel/06.04.2011-09:05:12…


Produktionsstart also im Sommer. Spätestens dann sollte der Kurs Beine bekommen. Bin gut positioniert und harre der Dinge, die da kommen werden.

[kaliho]

Fire River Gold Announces 108.0 g/t (3.15 opt) Gold Over 2.4 m (7.9 ft) At Nixon Fork Gold Mine, Alaska

FAU: TSX.V
FVGCF: OTCQX
FWR: FSE

108.0 g/t ( 3.15 opt) gold over 2.4 m (7.9 ft) in hole N10U-047
11.4 g/t (0.33 opt) gold over 8.6 m (28.2 ft) in hole N10U-045
28,000 metre drill program on going with two company-operated drills
VANCOUVER, April 6 /CNW/ - Fire River Gold Corp (TSXV: FAU) (OTCQX: FVGCF) (FSE: FWR) ("FAU" or the "Company") is pleased to announce results obtained from additional holes drilled during its 28,000 metre drill program at the Nixon Fork Gold Mine, situated in Alaska's Tintina Gold Belt. The Company has received and confirmed assay results from of drillholes 45 - 53 (N10U-045 - N10U-053) from the 3000 and lower 3100 Zone.

The new intercepts include drillhole N10U-047, returned grades of 108.0 g/t (3.15 opt) gold over 2.4 m (7.9 ft) and drillhole N10U-045 returning grades of 11.4 g/t (0.33 opt) gold over 8.6 m (28.2 ft) with significant intersections returning grades of 7.4 g/t (0.22 opt) gold over 0.4 m (1.0 ft) at lower extension 3100 Zone. A complete list of the intercepts is provided in Table 1. The widths of the intercepts are approximate to the true width of the mineralized intercept. Both holes target the down dip extension of the 3000 zone.

The Company operates two drills continuously in the Crystal Mine. They are primarily focussed on detailing mineralized zones scheduled for the first six months of mining, beginning in June 2011. This includes filling in gaps in mineralization and extending open zones along strike and dip.

Table 1. Results from Holes N10U-041 and N10U-042

Hole From To Length Length Au Au Ag Ag Cu
Number (metres) (metres) (metres) (feet) (gpt) (opt) (gpt) (opt) (%)
Location 3100 Zone
N10U-045 222.9 231.5 8.6 28.2 11.4 0.33 22.9 0.67 0.26
246.6 246.9 0.4 1.3 7.4 0.22 140.0 4.08 0.04
N10U-046 NSI
N10U-047 192.0 194.3 2.7 8.9 108.0 3.15 147.0 4.29 0.48
N10U-048 to N10U-0.51 NSI
Location 3000X Zone
N10U-052 43.5 52.1 9.2 30.2 5.3 0.15 23.1 0.67 1.11
Including 44.4 45.5 0.6 2.0 12.0 0.35 31.0 0.90 0.46
Including 50.6 52.1 1.5 4.9 24.0 0.7 96.0 2.80 4.97
N10U-053 NSI
Quality Assurance and Quality Control (QA/QC)

Rigorous controls are in place to ensure the traceability of samples and their results. Upon delivery core is prepped and logged with intervals of interest and/or mineralization marked for sampling. The core is subsequently photographed prior to cutting. Half the core is retained for future reference and the remaining half placed in double poly bags and sealed for shipment. Samples are delivered to ALS Chemex in Fairbanks, AK where they are dried, crushed, and representative splits are transported to ALS Chemex labs in either Reno, NV or Vancouver, BC for assay. ALS Chemex complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025:1999. Analysis includes Fire Assay with gravimetric finish for gold and ICP for 33 other elements. Gold assays results greater than 5 ppm are automatically re-submitted for screen metallic analysis.

QA/QC is verified using external standards, blanks, and duplicates with 13% of all samples submitted being QA/QC check samples. Results are examined ensuring control samples fall within 2.5 standard deviations of certified values. Failed results are re-analyzed by the lab and/or additional samples from the remaining core are submitted for analysis.

Nixon Fork Gold Mine

The Nixon Fork Gold Mine was acquired in September 2009. From 1995 - 2007, the project produced approximately 175,000 ounces of gold at an average grade of 39 grams per ton (1.14 opt). The mining and processing facilities at Nixon Fork are permitted and bonded. The deposit is a gold-rich copper silver skarn typical of other skarn systems found throughout the world. At Nixon Fork, the higher grades are found in steeply plunging pipe-like bodies that are oxidized to depths of up to 350 meters below the surface. Oxidization of the system has resulted both in secondary copper and gold, with high grades and a "nuggety" distribution.

The Qualified Person for this news release is Richard Goodwin, P.Eng, President & C.O.O for Fire River Gold.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production in Summer 2011. The Nixon Fork Gold Mine is a permitted and bonded mine which include a ~200 tpd processing plant with a gravity gold circuit, sulphide flotation circuit and a gold recovery system (CIL circuit) that is scheduled to be completed by Summer 2011. The mine also includes a fleet of surface & underground mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip.

Fire River Gold Corp is a member of the International Metals Group.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

(signed)

Richard Goodwin
President & C.O.O.

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek safe harbour.

For further information:
Tel: [phone] Fax: [phone]
Email: [e-mail] or visit www.firerivergold.com
2303 West 41st Avenue, Vancouver, B.C., Canada, V6M 2A3

[kaliho]

Fire River Gold Closes Non-Brokered Private Placement For Total Proceeds Of $7,407,663
view PDF
April 8, 2011, Vancouver, Canada - Fire River Gold Corp. (TSX.V: FAU; OTCQX: FVGCF; FSE: FWR) ("FAU" or the "Company") is pleased to announce that it has closed its second and final tranche of its previously announced financing raising gross proceeds of $7,407,663.

The Company issued 10,390,326 Units on April 8, 2011. Each unit consists of one common share and one-half of one non-transferable share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one common share of the Company at a price of $0.70 per share for 18 months, subject to an accelerated expiry provision, such expiry may be accelerated to 30 days in the event the Companyʹs shares have closed at or above a price of $0.90 per share for 10 consecutive trading days on the TSX Venture Exchange. All common shares issued in connection with this closing carry a legend restricting them from trading until August 9, 2011. The Company paid $244,847.50 in finder's fees in connection with this closing.

About Fire River Gold Corp.
Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production in 2011. The Nixon Fork Gold Mine is a permitted and bonded mine which include a ~200 tpd processing plant with a gravity gold circuit, sulphide flotation circuit and a gold recovery system (CIL circuit) that is scheduled to be completed by Summer 2011. The mine also includes a fleet of surface & underground mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip. A 28,000 metre exploration and ore definition drill program is in progress to expand the current resources and support the detailed mine plan.
Fire River Gold is a member of the International Metals Group (http://www.internationalmetalsgroup.com).

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.


"Richard Goodwin"

Richard Goodwin
President and COO



Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. The TSX Venture Exchange or its Regulation Services Provider have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management. We seek safe harbour.

[Modus-Berlin]

Und noch ein paar Zeilen auf Deutsch:

http://www.minenportal.de/artikel.php?sid=14362#Fire-River-G…

Steigt die Aktie über 0,40 dann sehen wir bald viel höhere Kurse.

[kaliho]

Fire River Gold Announces 16.7 g/t (0.49 opt) Gold Over 8.8 m (28.9 ft) At Nixon Fork Gold Mine, Alaska
view PDF
April 13, 2011 Vancouver, Canada - Fire River Gold Corp (TSXV: FAU) (OTCQX: FVGCF) (FSE: FWR) ("FAU" or the "Company") is pleased to announce results obtained from additional holes drilled during its 2011, 28,000 metre drill program at the Nixon Fork Gold Mine, situated in Alaska's Tintina Gold Belt. The Company has received and confirmed assay results from drill holes 1 - 22 of two additional holes (N11U-001 - N10U-022) from the 3000 and 3300 Zone.
The new intercepts include drillhole N11U-010, returning grades of 16.7 g/t (0.49 opt) gold and 26.2 g/t (0.76 opt) silver over 8.8 m (28.9 ft) including 88.3 g/t (2.43 opt) gold and 70.2 g/t (2.05 opt) silver over 1.7 m (5.6 ft) at the 3000 Zone. A complete list of the intercepts is provided in Table 1. The widths of the intercepts are approximate to the true width of the mineralized intercept. Both holes target the down dip extension of the 3000 zone.

The Company operates two drills continuously in the Crystal Mine. They are primarily focussed on detailing mineralized zones scheduled for the first six months of mining, beginning in June 2011. This includes filling in gaps in mineralization and extending open zones along strike and dip.

Table 1. Results from Holes N10U-041 and N10U-042

Hole From To Length Length Au Au Ag Ag Cu
Number (metres) (metres) (metres) (feet) (gpt) (opt) (gpt) (opt) (%)
Location 3000 Zone















N11U-001 - 004

NSI
N11U-005

75.6 78.1 2.5 8.2 12.9 0.38 56.4 1.6 1.55
Including

76.7 78.1 1.4 4.6 20.4 0.59 87.0 2.54 2.11
N11U-006

72.9 80.5 7.6 24.9 9.6 0.28 55.5 1.62 0.97
Including

76.7 79.0 2.3 7.5 25.7 0.75 96.6 2.82 1.45
N11U-007

43.6 48.2 4.6 15.1 1.6 0.05 82.0 2.39 0.18
N11U-008

49.7 51.7 2.1 6.9 15.3 0.45 35.1 1.02 0.31
Including

51.2 51.7 0.5 1.6 57.0 1.66 52.0 1.52 0.57
N11U-009

33.3 36.0 2.7 8.9 5.7 0.17 1.5 0.04 0.01
Including

33.3 34.5 1.2 4.3 10.3 0.30 1.0 0.03 0.02
N11U-010

37.5 46.3 8.8 28.9 16.7 0.49 26.2 0.76 1.11
Including

41.6 43.3 1.6 5.6 83.3 2.43 70.2 2.05 3.55
N11U-011

Awaiting results
N11U-012

40.9 42.9 2.0 6.6 5.8 0.17 2.5 0.07 0.12
N11U-013

NSI
N11U-014

29.3 30.2 0.9 2.9 9.8 0.29 164.0 4.78 0.3
N11U-015

NSI
N11U-016

31.4 33.9 2.5 8.2 7.4 0.22 144.0 4.20 0.1
N11U-017

NSI
N11U-018

Not Sampled
Location 3300 Zone



N11U-019

Awaiting results
N11U-020

227.1 230.1 2.9 9.5 12.3 0.36 14.7 0.43 0.67
Including

227.1 228.6 1.5 4.9 23.3 0.68 26.0 0.76 1.13
N11U-021

Awaiting results
N11U-022

17.7 20.6 2.9 9.5 18.4 0.54 38.9 1.13 0.99
Including

17.7 18.2 0.5 1.6 96.0 2.80 160.0 4.67 -
Quality Assurance and Quality Control (QA/QC)

Rigorous controls are in place to ensure the traceability of samples and their results. Upon delivery core is prepped and logged with intervals of interest and/or mineralization marked for sampling. The core is subsequently photographed prior to cutting. Half the core is retained for future reference and the remaining half placed in double poly bags and sealed for shipment. Samples are delivered to ALS Chemex in Fairbanks, AK where they are dried, crushed, and representative splits are transported to ALS Chemex labs in either Reno, NV or Vancouver, BC for assay. ALS Chemex complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025:1999. Analysis includes Fire Assay with gravimetric finish for gold and ICP for 33 other elements. Gold assays results greater than 5 ppm are automatically re-submitted for screen metallic analysis.

QA/QC is verified using external standards, blanks, and duplicates with 13% of all samples submitted being QA/QC check samples. Results are examined ensuring control samples fall within 2.5 standard deviations of certified values. Failed results are re-analyzed by the lab and/or additional samples from the remaining core are submitted for analysis.

Nixon Fork Gold Mine

The Nixon Fork Gold Mine was acquired in September 2009. From 1995 - 2007, the project produced approximately 175,000 ounces of gold at an average grade of 39 grams per ton (1.14 opt). The mining and processing facilities at Nixon Fork are permitted and bonded. The deposit is a gold-rich copper silver skarn typical of other skarn systems found throughout the world. At Nixon Fork, the higher grades are found in steeply plunging pipe-like bodies that are oxidized to depths of up to 350 meters below the surface. Oxidization of the system has resulted both in secondary copper and gold, with high grades and a "nuggety" distribution.

The Qualified Person for this news release is Richard Goodwin, P.Eng, President & C.O.O for Fire River Gold.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production in Summer 2011. The Nixon Fork Gold Mine is a permitted and bonded mine which include a ~200 tpd processing plant with a gravity gold circuit, sulphide flotation circuit and a gold recovery system (CIL circuit) that is scheduled to be completed by Summer 2011. The mine also includes a fleet of surface & underground mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip.

Fire River Gold Corp is a member of the International Metals Group.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

"Richard Goodwin"

Richard Goodwin
President and COO



Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. The TSX Venture Exchange or its Regulation Services Provider have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management. We seek safe harbour.

[Flack]

Ohne Worte - schon wieder die beiden Unterwasserzonen 3000 and 3300.

Flack

[dives]

Antwort auf Beitrag Nr.: 41.373.005 von Flack am 15.04.11 11:27:56

Ja, echt schockierend!

Neuesten Radaruntersuchungen mittels Geosatelliten zufolge soll sich sogar unter mehr als 90% der festen Landfläche des Planeten Erde zumindest mehrere Wochen im Jahr Grundwasser befinden. Also ich finde dies ist eine absolut skandalöse Situation. Ganz klar, daß man schnellstens alle, ich meine wirklich ALLE Bergwerke schließen sollte. Schließlich liegen die meisten Schächte, Stollen und unterirdischen Anlagenteile unterhalb des Grundwasserspiegels!

Und überhaupt, bei vernünftiger Betrachtung scheidet ja wohl der Planet Erde in Anbetracht der Wasserproblematik größtenteils als vernünftiger Standort für unterirdisch angelegte Bergwerke aus. Schließlich kann es in Zeiten des Klimawandels jederzeit an jedem Ort zu heftigsten, katastrophalen Platzregen kommen. Wer garantiert denn, daß diese Wasserfluten biblischen Ausmasses sich dann nicht den Weg bahnen in unterirdische Bergwerksanlagen. Ich plädiere deshalb vehement dafür, daß künftig nur noch oberirdische Bergwerke genehmigt werden, sogenannte Luftwerke.

Diese Luftwerke müssten sicher ausgelegt werden gegen alle schädlichen Einflüsse von Grundwasser und selbst gegen Überschwemmungen durch Starkregen. Großtechnische Filteranlagen würden aus der staubbeladenen Luft kleinste Partikel herausfiltern, chemisch aufbereiten und alle wertvollen Rohstoffe bereitstellen, die eine sieben Milliarden Individuen umfassende Weltbevölkerung so braucht. Vom Dünger bis zum High-Tech-Metall für die Luft- und Raumfahrt, alles käme aus der Luft. Nebeneffekt: Unsere schmutzige Luft wird endlich weltweit wieder sauber.

Geistig zurückgebliebenen Hinterwäldlern, denen das alles nicht passt, sollen gefälligst auswandern und auf dem Mond Bergbau betreiben. Obwohl, dort sollen ja inzwischen auch schon Hinweise auf begrenzte Wasservorkommen in gefrorener Form im lockeren Regolithboden entdeckt worden sein. Böse Welt!

[Sheriff-von-Nottingham]

;-) welch süffisanter Kommentar

[chriroe]

Antwort auf Beitrag Nr.: 41.373.755 von dives am 15.04.11 13:06:13

auf dem Mond geht's eh bald rund:

http://www.pm-magazin.de/a/bergbau-auf-dem-mond

http://dokujunkies.org/dokus/technik/aviatik/bergbau-auf-dem…

http://www.youtube.com/watch?v=pYPfV0fcC9Y

[dives]

Antwort auf Beitrag Nr.: 41.374.527 von chriroe am 15.04.11 15:07:33

Echt Cool, chiroe!

So kann man auch endlich mal wieder die Jugend motivieren, sich für einen Knochenjob im Rohstoffabbau zu interessieren. Integrierte Ausbildung zum Hauer und Astronauten, das hätte doch was.

Bei der hohen Strahlenbelastung auf der Mondoberfläche würde ich alter Angsthase aber doch lieber in irgendeinem Job auf der guten alten Erde malochen, auch ganz ganz tief

u
n
t
e
r

T
a
g
e.

Sogar unterhalb der Grundwasser führenden Schicht.

[chriroe]

Es geht langsam los, Fire River ist wohl nicht mehr lange Geheimtip:

"Experten erwaten massive Aufwärtsbewegung"

http://news.onvista.de/alle-news/artikel/15.04.2011-16:09:48…

[chriroe]

Antwort auf Beitrag Nr.: 41.377.295 von chriroe am 15.04.11 22:41:28

oops, ich schmeiß mal ein "r" hinterher:

erwarten

[Flack]

Antwort auf Beitrag Nr.: 41.373.755 von dives am 15.04.11 13:06:13

Wenn FAU die Genehmigung hätte, das Grundwasser in den Zonen 3000 und 3300 abzupumpen, denn sähe ich auch kein größeres Problem darin - kostet halt Geld, wäre aber machbar.

Da FAU diese Genehmigung aber nicht hat, das Grundwasser in den Zonen 3000 und 3300 abzupumpen, sehe ich nicht, wie die da rankommen sollten. Oder streben die einen Unterwasserabbau an?

Flack

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 41.378.177 von Flack am 16.04.11 12:58:17

Flack sicherlich hast du recht. Jedoch spielen solch unsichere Faktoren bei jedem Explorer der zum Produzenten wird eine Rolle.
Muss nun jeder Investor für sich selber entscheiden ob er auf eine Genehmigung für das Abpumpen des einfallenden Grundwassers spekuliert oder eben nicht.

[chriroe]

Das ist doch ne Geisterdiskussion. Als ob sich der Staat die Steuern bei einem lukrativen Goldabbau wegen einer dämlichen Wasserabpumpgenehmigung entgehen lassen würde.

Meine Meinung zu Flak's Bedenken: Schmarrn!

[dives]

Antwort auf Beitrag Nr.: 41.378.177 von Flack am 16.04.11 12:58:17

Nichts für ungut Flack, aber so langsam solltest Du Dir was Neues einfallen lassen. Von einer Sache keine Ahnung zu haben, ist ja nicht weiter schlimm, aber es langweilt auf Dauer schon ein wenig.

Über das übliche Prozedere zu den Genehmigungen wurde ja schon in früheren Kommentaren geschrieben. Nach den zuletzt veröffentlichten Details zur Produktionsplanung sollte man in diesem Jahr eigentlich keinen Antrag auf irgendwelche Ausleitung von Grubenwasser erwarten, da diejenigen Bereiche, für die eventuell ein Wassermanagement erforderlich werden könnte, erst weiter erkundet werden also noch gar nicht zum Abbau genutzt werden, vor allem aber weil das erste Material aus ganz anderen Lagen entnommen wird, die keine wasserführenden Schichten schneiden. Auch dazu wurde hier schon geschrieben bzw. es wurden die entsprechenden News eingestellt.

Nach grober Überschlagsrechnung wird Fire River mehr als 20 Monate lang aus mit Sicherheit trockenen Bereichen Material abbauen können. Und wenn erst einmal nach Abschluss des Erkundungsprogramms feststeht, wie in den Zonen 3000 und 3300 verfahren werden soll, verfügt Fire River dank der Ergebnisse des Erkundungsprogramms über recht genaue Kenntnis des Verlaufs der EM-haltigen Klüfte samt Sickerwasserleitern, was das Wassermanagement vereinfacht und ein Abpumpen evtl. nicht erforderlich werden läßt. Jedenfalls steht zum jetzigen Zeitpunkt noch nicht einmal fest, ob eine Genehmigung zur Ausleitung von Grubenwasser überhaupt benötigt wird. Sollte sie am Ende tatsächlich benötigt werden, ist davon auszugehen, daß einem entsprechenden Antrag stattgegeben würde, da die begrenzte und überwachte Ausleitung von Grubenwasser branchenüblicher Standard ist, zumal solche Wasserausleitungen sich auch gut im Prozesswasserkreislauf nutzen lassen.

[Flack]

Antwort auf Beitrag Nr.: 41.379.097 von dives am 16.04.11 22:45:16

Hallo dives,

ich werde mir sofort was Neues einfallen lassen, sobald sich FAU was Anderes einfallen läßt als a) Bekanntgabe von Verwässerungsaktionen und b) Bekanntgabe von Bohrergebnissen in den (unter Wasser stehenden) Zonen 3000 und 3300!

Flack

[dontoto]

Antwort auf Beitrag Nr.: 41.379.097 von dives am 16.04.11 22:45:16

Dives,

danke für deine sehr guten Ausführungen. Ich sehe es ähnlich wie Du. Zunächst wird das vorhandene Gold aus den Tailings verarbeitet und zeitgleich die ersten Schichten abgebaut. Das evt. auftretende Problem mit dem Wasser wird für das erste Jahr überhaupt nicht relevant sein.

Die Argumentation von Flack, keine weiteren Ergebnisse dieser Zonen bekannt zu geben, ist ebenso völlig unverständlich. Gerade durch die Bohrungen kann FAU die Ressourcen erweitern und den Wert für uns Aktionäre steigern. Daher freue ich mich über jedes positive Ergebnis bei der Exploration. Genug Cash für den Produzentenstatus ist ebenfalls vorhanden, so dass ich glaube dass bis dahin keine weitere Finanzierung und Aktienausgabe mehr vonnöten sein wird.

Wenn man sich dann noch einmal das PEA von Snowden vom 17. Februar zur Mine anschaut, der wird ein immer breiteres Grinsen ins Gesicht bekommen, da wir jetzt schon bei einem Goldpreis von 1.500 USD angelangt sind und ich glaube, dass wir in diesem Jahr mindestens mit 1.600 USD rechnen können.

Daher ist es für mich auch nicht verwundernd, dass die Experten Fire River über den grünen Klee loben. Goodwin und Co. machen für mich einen sehr guten Job, da sie den Schritt zum Produzenten machen wollen und nicht wie bei vielen anderen Explorern nur das Projekt pushen.

Ich bin daher völlig entspannt und freue mich über die weiteren Ergebnisse und Fortschritte.

LG
dontoto

[Flack]

Antwort auf Beitrag Nr.: 41.379.896 von dontoto am 17.04.11 13:50:27

'....Gerade durch die Bohrungen kann FAU die Ressourcen erweitern und den Wert für uns Aktionäre steigern.....'

Komisch nur, daß ausschließlich bei Bohrungen im Unterwassergebiet der Zonen 3000 und 3300 was gefunden wird. 'Unterwassergold', zu fördern durch Tauchroboter????

Flack

[dives]

Antwort auf Beitrag Nr.: 41.386.541 von Flack am 19.04.11 00:15:12

Hallo Flack,

welche Vorstellung hast Du eigentlich von der geologischen Beschaffenheit unseres Planeten? Wenn Du tatsächlich meinst, unterhalb ein paar Metern Erdreich befindet sich ein Grundwasserspiegel und weiter darunter nur noch zu 100% Wasser - im Extremfall dann bis zum Erdmittelpunkt- nun, dann kannst Du auch gleich dem guten alten Modell von der Erdscheibe anhängen.

Grundwasserleiter sind in der Regel Gesteinsschichten mäßiger Porosität mit soliden mechanischen Eigenschaften, vor allem hinsichtlich der Tragfähigkeit darüberliegender Schichten. Die hydraulischen Eigenschaften und daraus abgeleitet ihre Ausdehnung und Porosität wurden bereits früh durch die Flussraten in Tiefbrunnen erkundet und sind seit mehr als 200 Jahren wissenschaftliches Allgemeingut. Im Bergbau liegen zwar meist kompliziertere Verhältnisse vor. Dank moderner Verfahren zur räumlichen Erkundung von Vorkommen sowie moderner 3D-Abbauplanung ist man aber meist vor unliebsamen Überraschungen geschützt. Alles weitere ist in der Regel technisch beherrschbar.

Keinesfalls wird man mit U-Booten oder - wie von Dir kolportiert - mit Tauchrobotern den Abbau betreiben. Solche Tauchroboter müssten Abmessungen aufweisen in der Größenordnung von Zehntelmillimetern und kleiner. Ich werte Deine Einlassung deshalb als verspäteten Aprilscherz oder als cleveren Versuch die Aktien eines noch unbekannten Nanotech-Startups zu pushen, das sich auf Nano-Tauchroboter für den Bergabu spezialisiert.

Gruß, dives

[kaliho]

Fire River Gold Announces 16.7 g/t (0.49 opt) Gold and 51.2 g/t (1.49 opt) Silver Over 10.2 m (33.5 ft) At Nixon Fork Gold Mine, Alaska
Click Here for a Free Real-time Stock Quote on TSX-V: FAU

16.7 g/t (0.49 opt) gold and 51.2 g/t (1.49 opt) silver over 10.2 m (33.5 ft)
including 58.2 g/t (1.70 opt) and 191.0 (5.57 opt) silver over 2.3 m (7.5 ft)
and 8.1 g/t (0.24 opt) over 10.7 m (35.1 ft) in hole N11U-031
16.0 g/t (0.47 opt) gold over 9.9 m (32.5 ft)
including 41.2 g/t (1.20 opt) gold over 2.3 m (7.5 ft) in hole N11U-028
16,000 metres out of the 28,000 metre drill program has been drilled to date
April 19, 2011 Vancouver, Canada - Fire River Gold Corp (TSXV: FAU) (OTCQX: FVGCF) (FSE: FWR) ("FAU" or the "Company") is pleased to announce results obtained from additional holes drilled during its 2011, 28,000 metre drill program at the Nixon Fork Gold Mine, situated in Alaska's Tintina Gold Belt. The Company has received and confirmed assay results from drillhole N11U-011 at the 3000 Zone and drillholes N11U-019; N11U-023 - N10U-031 from the 3300 Zone. A complete list of the intercepts is provided in Table 1. The widths of the intercepts are approximate to the true width of the mineralized intercept. Both holes target the down dip extension of the 3300 zone.

The Company operates two drills continuously in the Crystal Mine. They are primarily focussed on detailing mineralized zones scheduled for the first six months of mining, beginning in June 2011. This includes filling in gaps in mineralization and extending open zones along strike and dip.

Table 1. Results from Holes N10U-041 and N10U-042

Hole
From
To
Length
Length
Au
Au
Ag
Ag
Cu
Number
(metres)
(metres)
(metres)
(feet)
(gpt)
(opt)
(gpt)
(opt)
(%)
Location 3000 Zone









N11U-011
NSI








Location 3300 Zone







N11U-019
4.3
7.4
3.1
10.2
29.4
0.86
36.0
1.05
0.62
N11U-023
NSI








N11U-024
0.0
4.0
4.0
13.1
19.0
0.55
16.3
0.48
0.43
Including
0.0
0.9
0.9
3.0
68.3
1.99
26.0
0.76
0.87
N11U-025
NSI








N11U-026
0.9
5.49
4.6
15.1
5.8
0.17
7.0
0.20
0.33
Including
0.9
2.4
1.5
4.9
14.9
0.43
7.0
0.20
0.55
N11U-027
NSI








N11U-028
13.1
23.0
9.9
32.5
16.0
0.47
5.7
0.17
0.38
Including
20.7
23.0
2.3
7.5
41.2
1.20
12.5
0.36
0.80
Including
14.6
19.2
4.6
15.1
12.1
0.35
5.1
0.15
0.34
N11U-029
13.1
22.7
9.5
31.2
6.7
0.20
41.2
1.20
1.45
Including
19.2
21.5
2.3
7.5
10.5
0.31
11.0
0.32
2.11
N11U-030
3.3
7.7
4.4
14.4
23.0
0.67
7.1
0.21
1.12
Including
3.3
4.6
1.3
4.3
54.9
1.63
19.2
0.56
3.57
Including
7.0
7.7
0.7
2.3
40.2
1.17
8.0
0.23
0.34

16.3
22.3
6.0
19.7
10.7
0.31
3.1
0.09
0.16
Including
16.3
17.7
1.4
4.6
25.9
0.76
7.0
0.20
0.48
N11U-031
8.84
19.05
10.2
33.5
16.7
0.49
51.2
1.49
2.17
Including
14.7
16.9
2.3
7.5
58.2
1.7
191.0
5.57
7.97

19.5
30.2
10.7
35.1
8.1
0.24
5.83
0.17
0.36
Including
22.6
24.9
2.4
7.9
13.4
0.39
7.4
0.22
0.38
Quality Assurance and Quality Control (QA/QC)

Rigorous controls are in place to ensure the traceability of samples and their results. Upon delivery core is prepped and logged with intervals of interest and/or mineralization marked for sampling. The core is subsequently photographed prior to cutting. Half the core is retained for future reference and the remaining half placed in double poly bags and sealed for shipment. Samples are delivered to ALS Chemex in Fairbanks, AK where they are dried, crushed, and representative splits are transported to ALS Chemex labs in either Reno, NV or Vancouver, BC for assay. ALS Chemex complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025:1999. Analysis includes Fire Assay with gravimetric finish for gold and ICP for 33 other elements. Gold assays results greater than 5 ppm are automatically re-submitted for screen metallic analysis.


QA/QC is verified using external standards, blanks, and duplicates with 13% of all samples submitted being QA/QC check samples. Results are examined ensuring control samples fall within 2.5 standard deviations of certified values. Failed results are re-analyzed by the lab and/or additional samples from the remaining core are submitted for analysis.

Nixon Fork Gold Mine
The Nixon Fork Gold Mine was acquired in September 2009. From 1995 - 2007, the project produced approximately 175,000 ounces of gold at an average grade of 39 grams per ton (1.14 opt). The mining and processing facilities at Nixon Fork are permitted and bonded. The deposit is a gold-rich copper silver skarn typical of other skarn systems found throughout the world. At Nixon Fork, the higher grades are found in steeply plunging pipe-like bodies that are oxidized to depths of up to 350 meters below the surface. Oxidization of the system has resulted both in secondary copper and gold, with high grades and a "nuggety" distribution.

The Qualified Person for this news release is Richard Goodwin, P.Eng, President & C.O.O for Fire River Gold.

About Fire River Gold Corp.
Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production in Summer 2011. The Nixon Fork Gold Mine is a permitted and bonded mine which include a ~200 tpd processing plant with a gravity gold circuit, sulphide flotation circuit and a gold recovery system (CIL circuit) that is scheduled to be completed by Summer 2011. The mine also includes a fleet of surface & underground mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip.

Fire River Gold Corp is a member of the International Metals Group.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

Richard Goodwin

President & C.O.O
Click here for contact information

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek safe harbour.

[websin]

Bei FAU könnte man auf die Idee kommen sie betreiben "Drill-Spam"
...leider ohne nachhaltige Kursauswirkung(en):

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 41.390.963 von websin am 19.04.11 19:44:12

Finds auch merkartig. Zumal die beigefügte Lageskizze extrem schlecht aufgelöst ist!!!
Lässt kaum Spielraum die Bohrung nachzuvollziehen.
Wobei die Erzlängen teilweise schon recht okay sind. Stellt sich halt die Frage, ob das Material wirtschaftlich sinnvoll abbaubar ist oder nicht. Macht halt kein sind 60 Meter ins Gestein zu Bohren um dort auf erbohrten 4 Meter Gold zu bergen.

[Flack]

Antwort auf Beitrag Nr.: 41.389.485 von kaliho am 19.04.11 15:35:40

wiederum ein unentgeltlicher Werbespot von FAU für Nanounterwasserroboterhersteller!

'...at the 3000 Zone and ...the 3300 Zone...'. - leider wieder mal - die beiden Unterwasserzonen.

Flack

[websin]

es bleibt nur: ABWARTEN

[dives]

Zitat von Flack: wiederum ein unentgeltlicher Werbespot von FAU für Nanounterwasserroboterhersteller!

'...at the 3000 Zone and ...the 3300 Zone...'. - leider wieder mal - die beiden Unterwasserzonen.

Flack

So ein Schmarrn! Du willst wohl den w:o-Pokal in der Disziplin "Dummschwätzen und Zumüllen" erhalten. Nur weiter so!

[mintelo]

http://www.wallstreet-online.de/nachricht/3139047-fire-river…

Fire River Gold erhält Kaufempfehlung
Autor: EMFIS.COM
| 21.04.2011, 11:08 | 104 Aufrufe | 0 | twittern druckversion
Stuttgart (www.rohstoffe-go.de) Von Fire River Gold kamen zuletzt einige wichtige Neuigkeiten zu einem Explorationsprogramm. Das hat Analysten nicht unbeeindruckt gelassen.

Die Analysten des Expertenhauses Loewen, Ondaatje, McCutcheon Ltd. haben eine spekulative Kaufempfehlung für die Aktien von Fire River Gold (WKN: A0YED7) abgegeben. Für den Rohstofftitel wird ein Kursziel von 1,40 Dollar angegeben. Der Vergleich zum aktuellen Kurs zeigt das hohe Potenzial, das die Experten dem Papier zutrauen. Gegenüber dem gestrigen Schlusskurs an der kanadischen Börse wäre dies nahezu eine Kursverdreifachung, wenn Fire Rivers Aktie dieses Ziel erreicht.

Mit dem aktuellen Explorationsprogramm auf dem Projekt Nixon Fork wolle Fire River Gold die Datenbasis für den anstehenden Produktionsstart weiter verbessern, heißt es in dem Kommentar der Experten. Die Produktion auf Nixon Fork solle im Sommer beginnen, das Produktionsziel sind 50.000 Unzen Gold. Das soll nach Meinung der Experten ab dem Jahr 2012 einen Cashflow von 36 Millionen Dollar in die Kassen spülen. Kurstreiber für die Aktie seien die Reduzierung von operativen und Ressourcen-Risiken, die Fire River Gold mit den fortgesetzten Explorationsarbeiten adressiere. Diese Arbeiten seien Voraussetzung, dass die Aktie das Kursziel erreichen könne, so die Analysten.

[Flack]

Antwort auf Beitrag Nr.: 41.394.296 von dives am 20.04.11 11:51:38

Nana, der w:o-Pokal in der Disziplin "Dummschwätzen und Zumüllen" geht mit Sicherheit an die FAU-Presseabteilung!

Flack

[dives]

Antwort auf Beitrag Nr.: 41.413.055 von Flack am 26.04.11 18:38:49

Oh Flack,

wärst Du Koch, gäbe es bei Dir dreimal täglich dünne versalzene Wassersuppe. Und die würdest Du mit dem Selbstbewusstsein eines Drei-Sterne-Kochs anpreisen...

Bon appétit.

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 41.418.883 von dives am 27.04.11 19:43:31

Hey wie lästig!

Der Thread mutiert ja immer mehr zu einem pseudo "gut" gegen "böse".

Mal im ernst, soll doch jeder seine Meinung haben.

Letztendlich muss sich jeder selber über ein Invest den Kopf zerbrechen.

Wer das nicht tut bzw. kein Bock drauf hat und sich in ein Invest hinein oder raus drängen lässt ist halt selber Schuld. Deshalb, selber informieren und seine schlüsse ziehen.

[kaliho]

Fire River Gold Announces 41.0 g/t (1.20 opt) Gold and 33.8 g/t (0.99 opt) Silver Over 9.0 m (29.5 ft) At Nixon Fork Gold Mine, Alaska
FAU: TSX.V
FVGCF: OTCQX
FWR: FSE

41.0 g/t (1.20 opt) gold and 33.8 g/t (0.99 opt) silver over 9.0 m (29.4 ft) in hole N11U-033
26.35 g/t (0.77 opt) gold over 13.1 m (43.0 ft) in hole N11U-034
including 170.0 g/t (4.86 opt) gold over 0.4 m (1.21 ft)
including 394.0 g/t (11.49 opt) gold over 0.4 m (1.21 ft)
VANCOUVER, April 28 /CNW/ - Fire River Gold Corp (TSXV: FAU) (OTCQX: FVGCF) (FSE: FWR) ("FAU" or the "Company") is pleased to announce results obtained from additional holes drilled during its 2011, 28,000 metre drill program at the Nixon Fork Gold Mine, situated in Alaska's Tintina Gold Belt. The Company has received and confirmed assay results from drill holes N11U-033 to N11U-034 at the 3300 Zone. A complete list of the all the 2011 intercepts are provided in Table 1. The widths of the intercepts are approximate to the true width of the mineralized intercept. The latest holes target the down dip extension of the 3300 zone.

The Company is presently operating two drills continuously in the Crystal Mine. They are primarily focussed on detailing mineralized zones scheduled for the first six months of mining, beginning in June 2011. This includes filling in gaps in mineralization and extending open zones along strike and dip.

Table 1. Results from Holes N11U-001 and N11U-034


Hole
Number From
(metres) To
(metres) Length
(metres) Length
(feet) Au
(gpt) Au
(opt) Ag
(gpt) Ag
(opt) Cu
(%)
Location 3000 Zone
N11U-001 - 004 NSI
N11U-005 75.6 78.1 2.5 8.2 12.9 0.38 56.4 1.6 1.55
Including 76.7 78.1 1.4 4.6 20.4 0.59 87.0 2.54 2.11
N11U-006 72.9 80.5 7.6 24.9 9.6 0.28 55.5 1.62 0.97
Including 76.7 79.0 2.3 7.5 25.7 0.75 96.6 2.82 1.45
N11U-007 43.6 48.2 4.6 15.1 1.6 0.05 82.0 2.39 0.18
N11U-008 49.7 51.7 2.1 6.9 15.3 0.45 35.1 1.02 0.31
Including 51.2 51.7 0.5 1.6 57.0 1.66 52.0 1.52 0.57
N11U-009 33.3 36.0 2.7 8.9 5.7 0.17 1.5 0.04 0.01
Including 33.3 34.5 1.2 4.3 10.3 0.30 1.0 0.03 0.02
N11U-010 37.5 46.3 8.8 28.9 16.7 0.49 26.2 0.76 1.11
Including 41.6 43.3 1.6 5.6 83.3 2.43 70.2 2.05 3.55
N11U-011 Awaiting results
N11U-012 40.9 42.9 2.0 6.6 5.8 0.17 2.5 0.07 0.12
N11U-013 NSI
N11U-014 29.3 30.2 0.9 2.9 9.8 0.29 164.0 4.78 0.3
N11U-015 NSI
N11U-016 31.4 33.9 2.5 8.2 7.4 0.22 144.0 4.20 0.1
N11U-017 NSI
N11U-018 Not Sampled



Location 3300 Zone
Hole
Number From
(metres) To
(Metres) Length
(metres) Length
(feet) Au
(gpt) Au
(opt) Ag
(gpt) Ag
(opt) Cu
(%)
N11U-019 4.3 7.4 3.1 10.2 29.4 0.86 36.0 1.05 0.62
N11U-020 227.1 230.1 2.9 9.5 12.3 0.36 14.7 0.43 0.67
Including 227.1 228.6 1.5 4.9 23.3 0.68 26.0 0.76 1.13
N11U-021 Awaiting results
N11U-022 17.7 20.6 2.9 9.5 18.4 0.54 38.9 1.13 0.99
Including 17.7 18.2 0.5 1.6 96.0 2.80 160.0 4.67 -
N11U-023 NSI
N11U-024 0.0 4.0 4.0 13.1 19.0 0.55 16.3 0.48 0.43
Including 0.0 0.9 0.9 3.0 68.3 1.99 26.0 0.76 0.87
Hole
Number From
(metres) To
(Metres) Length
(metres) Length
(feet) Au
(gpt) Au
(opt) Ag
(gpt) Ag
(opt) Cu
(%)
N11U-025 NSI
N11U-026 0.9 5.49 4.6 15.1 5.8 0.17 7.0 0.20 0.33
Including 0.9 2.4 1.5 4.9 14.9 0.43 7.0 0.20 0.55
N11U-027 NSI
N11U-028 13.1 23.0 9.9 32.5 16.0 0.47 5.7 0.17 0.38
Including 20.7 23.0 2.3 7.5 41.2 1.20 12.5 0.36 0.80
Including 14.6 19.2 4.6 15.1 12.1 0.35 5.1 0.15 0.34
N11U-029 13.1 22.7 9.5 31.2 6.7 0.20 41.2 1.20 1.45
Including 19.2 21.5 2.3 7.5 10.5 0.31 11.0 0.32 2.11
N11U-030 3.3 7.7 4.4 14.4 23.0 0.67 7.1 0.21 1.12
Including 3.3 4.6 1.3 4.3 54.9 1.63 19.2 0.56 3.57
Including 7.0 7.7 0.7 2.3 40.2 1.17 8.0 0.23 0.34
16.3 22.3 6.0 19.7 10.7 0.31 3.1 0.09 0.16
Including 16.3 17.7 1.4 4.6 25.9 0.76 7.0 0.20 0.48
N11U-031 8.84 19.05 10.2 33.5 16.7 0.49 51.2 1.49 2.17
Including 14.7 16.9 2.3 7.5 58.2 1.7 191.0 5.57 7.97
19.5 30.2 10.7 35.1 8.1 0.24 5.83 0.17 0.36
Including 22.6 24.9 2.4 7.9 13.4 0.39 7.4 0.22 0.38
N11U-033 10.1 19.1 9.0 29.5 41.0 1.2 33.8 0.99 2.09
Including 11.6 14.7 3.1 10.2 111.9 3.26 87.5 2.55 5.56
N11U-034 0.0 13.1 13.1 43.0 26.4 0.77 9.9 0.29 0.40
Including 0.0 4.4 4.4 14.3 30.5 0.89 22.3 0.65 1.08
Including 5.8 6.2 0.4 1.2 170.0 4.89 41.0 1.20 0.35
Including 10.0 10.4 0.4 1.2 394.0 11.49 21.0 0.61 0.39
Including 11.6 13.1 1.5 5.0 5.5 0.16 4.0 0.12 0.02
Quality Assurance and Quality Control (QA/QC)

Rigorous controls are in place to ensure the traceability of samples and their results. Upon delivery core is prepped and logged with intervals of interest and/or mineralization marked for sampling. The core is subsequently photographed prior to cutting. Half the core is retained for future reference and the remaining half placed in double poly bags and sealed for shipment. Samples are delivered to ALS Chemex in Fairbanks, AK where they are dried, crushed, and representative splits are transported to ALS Chemex labs in either Reno, NV or Vancouver, BC for assay. ALS Chemex complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025:1999. Analysis includes Fire Assay with gravimetric finish for gold and ICP for 33 other elements. Gold assays results greater than 5 ppm are automatically re-submitted for screen metallic analysis.

QA/QC is verified using external standards, blanks, and duplicates with 13% of all samples submitted being QA/QC check samples. Results are examined ensuring control samples fall within 2.5 standard deviations of certified values. Failed results are re-analyzed by the lab and/or additional samples from the remaining core are submitted for analysis.

Nixon Fork Gold Mine

The Nixon Fork Gold Mine was acquired in September 2009. From 1995 - 2007, the project produced approximately 175,000 ounces of gold at an average grade of 39 grams per ton (1.14 opt). The mining and processing facilities at Nixon Fork are permitted and bonded. The deposit is a gold-rich copper silver skarn typical of other skarn systems found throughout the world. At Nixon Fork, the higher grades are found in steeply plunging pipe-like bodies that are oxidized to depths of up to 350 meters below the surface. Oxidization of the system has resulted both in secondary copper and gold, with high grades and a "nuggety" distribution.

The Qualified Person for this news release is Richard Goodwin, P.Eng, President & C.O.O for Fire River Gold.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production in Summer 2011. The Nixon Fork Gold Mine is a permitted and bonded mine which include a ~200 tpd processing plant with a gravity gold circuit, sulphide flotation circuit and a gold recovery system (CIL circuit) that is scheduled to be completed by Summer 2011. The mine also includes a fleet of surface & underground mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip.

Fire River Gold Corp is a member of the International Metals Group.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

(signed)

Richard Goodwin
President & C.O.O.

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek safe harbour.

For further information:
Tel: [phone] Fax: [phone]
Email: [e-mail] or visit www.firerivergold.com
2303 West 41st Avenue, Vancouver, B.C., Canada, V6M 2A3

[kaliho]

News

December 09, 2010
Fire River’s Nixon Fork Mine Should Produce Its First Gold Within Six Months
By Alastair Ford


“The market in September pushed us back”, says Spiros Cacos of Fire River Gold. “There was a lag in results coming out of our 28,000 metre drill programme, a six-to-nine week delay.” The delay was doubly unfortunate, because although there was a general recovery across the board in resources companies September, Fire River missed out. Indeed the company’s shares have rather gone against the trend in recent months, down from the year high of just over C$0.70, which was hit in mid July, to recent trades at just shy of C$0.50. That’s tough, in such a strong gold market, but Spiros Cacos is confident that as long as he continues to tell the story, the market will eventually wake up and see the value that’s on offer at the company’s Nixon Fork gold mine in Alaska.

Nixon Fork may not be big, but to some, at least, it is beautiful. One such is Fire River’s Vice-President Mining Richard Goodwin, who told Minesite many moons ago that what Nixon Fork really needs is a whole lot of “geological love”. In 2010 Nixon Fork got that love, even if some of the assays were delayed, and the net result is a project that’s on course for production next year, first from an old 34,000 ounce tailings resource, and then from underground, where the total resource is expected...

[kaliho]

Timothy G. Smith Joins Fire River Gold as Vice President, Operations

VANCOUVER, May 12, 2011 -- Fire River Gold Corp. (the "Company", "FAU") (TSX.V: FAU) (OTCQX: FVGCF) (FSE: FWR) wishes to announce that Timothy G. Smith has been appointed as Vice President, Operations. Mr. Smith has over 32 years' experience in the mining industry. He graduated from McGill University with a Bachelor of Engineering, Metallurgical, and has worked in copper, coal, gold, lead and zinc operations throughout the U.S. Prior to joining Fire River Gold, Mr. Smith was V.P. of U.S. and Canadian Operations with Apollo Gold where he led the mine start up and mill expansion of the Black Fox Mine located outside of Timmins, Ontario. He was also General Manager of the Montana Tunnels polymetallic mine outside of Helena Montana. Mr. Smith was Operating Manager at Red Dog Mine in Alaska, with Cominco, for 7 years. His operating experience also includes work at the Sullivan (lead/zinc), David Bell (gold), Bullmoose (coal), Afton smelter (copper) and Similco (copper) mines. He is a professional engineer, registered in B.C., and holds dual U.S. and Canadian citizenships.

Richard Goodwin, President and COO, states: "I am very pleased to welcome Tim Smith to Fire River Gold Corp. as our Vice President of Operations. Mr. Smith's qualifications and extensive experience in mining will be a tremendous asset to the Company and his hands-on approach to operations will help us through our start-up."

(signed)
___________________

Richard Goodwin President & C.O.O.

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.495.093 von kaliho am 12.05.11 22:05:42

keine schlechte Nachricht zu einem Mann im Team mit solchem trackrecord.

Finde ich persönlich als Beruhigung in der finalen Entwicklung des Unternehmens und schenkt mir zusätzliches Vertrauen.

Picker56

[kaliho]

Fire River Gold Announces 71.4 g/t (2.08 opt) Gold and 40.1 g/t (1.17 opt) Silver Over 5.9 m (19.4 ft) At Nixon Fork Gold Mine, Alaska
Back to releases headlines

FAU: TSX.V
FVGCF: OTCQX
FWR: FSE
71.4 g/t (2.08 opt) gold and 40.1 g/t (1.17 opt) silver over 5.9 m (19.4 ft) in hole N11U-032
including 177.3 (5.17 opt) gold and 120.1 g/t (3.5 opt) silver over 0.5 m (1.6 ft)
including 103.7 g/t (3.02 opt) gold and 52.4 g/t (1.53 opt) silver over 3.2 m (10.5 ft)
including 177.3 (5.17 opt) gold and 120.1 g/t (3.5 opt) silver over 0.5 m (1.6 ft)
including 103.7 g/t (3.02 opt) gold and 52.4 g/t (1.53 opt) silver over 3.2 m (10.5 ft)
LINK:http://www.tmxmoney.com/en/news/company_releases/news_full.h…

[Sheriff-von-Nottingham]

das hört sich doch alles richtig gut an, wenn die rohstoffkorrektur vorbei ist..... dann... ;-)

[mintelo]

Kursziel 1,40 Kanadische Dollar Fire River Gold hat reichlich Kursphantasie
Autor: Björn Junker
| 18.05.2011, 11:46 | 202 Aufrufe | 0 | twittern druckversion

Der Goldförderer sorgt bei Experten weiterhin für hohe Erwartungen. Ein Analystenhaus prognostiziert, dass sich der Kurs der Aktie vervielfachen wird.

Die Experten des Researchhauses Loewen, Ondaatje, McCutcheon Limited erwarten, dass die Aktie von Fire River Gold (WKN: A0YED7) deutliche Kurssprünge machen wird. Der Titel wird als „Speculative Buy” eingestuft. Geradezu spektakulär ist aber das Kursziel, das die Experten ansetzen. Sie erwarten, dass der Anteilsschein des Goldunternehmens aus Kanada bis auf 1,40 Kanadische Dollar (CAD) wird klettern können. Am Dienstag hat die Aktie den Handel bei 0,425 CAD beendet nach einer Tages-Handelsspanne zwischen 0,41 CAD und 0,45 CAD.

Im Klartext: Die Experten gehen davon aus, dass sich das Papier mehr als verdreifachen wird.

Ihre sehr optimistische Prognose untermauern die Analysten unter anderem mit den Bohrdaten, die das Unternehmen auf dem Goldprojekt Nixon Fork in Alaska erzielt hat. Die Resultate der Proben seien exzellent, was die Goldmineralisierungen angeht, hinzu kommen gute Mineralisierungen von Silber und Kupfer. Auf der Mine solle die Produktion im anstehenden Sommer starten. 2012 will Fire River Gold 50.000 Unzen Gold fördern und damit einen Cashflow von 36 Millionen CAD bei einem Goldpreis von 1.400 US-Dollar je Unze erwirtschaften.

Los! Kaufen!

Grüsse, Mintelo

[kaliho]

http://tmx.quotemedia.com/article.php?newsid=41475996&qm_sym…" target="_blank" rel="nofollow ugc noopener">http://tmx.quotemedia.com/article.php?newsid=41475996&qm_sym…


Fire River Gold Releases Additional High Grade Results and Explains the Significance to the Mining Program
May 19, 2011 (Canada NewsWire Group) --
FAU: TSX.V
FVGCF: OTCQX
FWR: FSE

VANCOUVER, May 19 /CNW/ - Fire River Gold Corp (TSXV: FAU) (OTCQX: FVGCF) (FSE: FWR) ("FAU" or the "Company") is pleased to announce additional high grade gold intercepts arising from its drill program at the Nixon Fork Mine, Alaska:

Length
Au Grade
Ag Grade

Hole
Number Location
(Zone - mASL) From
m To
m m ft g/t opt g/t opt Cu
%
N11U-035 3300-383 14.9 22.6 7.7 25.2 24.0 0.70 24.7 0.72 2.37
N11U-036 3300-220 17.7 24.9 7.2 23.6 146.4 4.27 21.5 0.63 1.27
N11U-037
3300-383
and 4.0
20.5 7.0
21.6 3.1
1.1 10.0
3.7 8.0
5.1 0.23
0.15 8.0
35.0 0.23
1.02 0.01
0.08
Table 1: New Drill Results

Hole N11U-036 was drilled in the 3300 zone in a portion of resources that extend from 208 mASL (meters above sea level) to 285 mASL. It helps to define a stope that is included in the mining plan for the first six months of operations, shown in Figure 1.

http://www.firerivergold.com/i/misc/051911pic1.jpg

Figure 1: Grade Shell (1 g/t) for 3300 Orebody, 208 to 285 mASL

Holes N11U-035 and 037 were drilled in the upper portion of the mine near surface on the 3300 zone at an elevation of 383 mASL. They define what will become a two-level 20 m high longhole stope that will be mined in the first six months of operations, shown in Figure 2.

http://www.firerivergold.com/i/misc/051911pic2.jpg

Figure 2: 3300 Zone from 363 to 383 mASL

Hole N11U-036 represents the best intercept of the ongoing 28,000 m 2010/2011 drill program so far. The following table shows all intercepts for the which the grade multiplied by the thickness exceeds 300 gram - meters:

Table 2: Intercepts Exceeding 300 Gram- Meters

Hole # Grade (g/t) Thickness (m) Gram - meters
N07U-­‐061 498 3.0 1 ,494
N11U-­‐036 146 7.2 1,054
N10U-­‐041 126 6.0 748
N07U-­‐049 110 6.7 737
N07U-­‐048 128 5.1 653
N07U-­‐053 27 24.0 648
N08U-­‐011 140 4.6 644
N08U-­‐023 122 4.4 537
N10U-­‐024 161 2.8 449
N11U-­‐032 71 5.9 423
N07U-­‐059 67 6.3 422
N10U-­‐038 29 13.7 395
N07U-­‐050 78 4.8 374
N11U-­‐033 41 9.0 370
N10U-­‐043 65 5.5 361
N07U-­‐065 144 2.5 360
N11U-­‐034 26 13.1 345
N10U-­‐044 124 2.7 337
N10U-­‐033 92 3.6 334
N10U-­‐042 76 4.1 312
To understand the significance of these and all previously released drill intercepts, it is important that one understands the geometry of the stopes, the mining methods that will be employed, and the overall mine operating plan.

Geometry and Geology of the Deposit:

The Nixon Fork Mine is a skarn deposit. Gold, silver and copper mineralization occurs along the contact of a quartz monzonite intrusion in limestone. The orebodies take the form of pipes that are more-or-less continuous vertically with steep dips of between 50 and 70 degrees, with occasional fault-induced off-sets.

The mineralized zones are defined geometrically by a low grade mineralization shell, producing massive stopes, as large as 30 m in diameter. Grade shells were used to represent the mineralization in both Figures 1 and 2. Figure 3 shows the 1 g/t mineralized shells that form the Crystal and Mystery Mine zones.

http://www.firerivergold.com/i/misc/051911pic3.jpg

Figure 3: Grade Shells for the Nixon Fork Mining Zones (1 g/t)

Looking back at Figures 1 and 2, the shapes of the grade shells are quite regular. Inside these grade shells are very high grade intercepts, such as those listed on Tables 1 and 2. The challenge for mine operations will be to capture all of the high grade intercepts while minimizing the inclusion of low grade material to achieve a high grade blended mill feed.

These zones will be thoroughly definition-drilled before mining occurs, often to less than 6 m x 6 m density. A geological model will be produced prior to mining that will be based on the mining cut-off grade (nominally 10 g/t at today's prices). Figure 4 shows a geological model for the same segment of 3300 zone that is represented in Figure 2. The numerous light blue solids represent portions of the zone whose grade exceeds 10 g/t.

http://www.firerivergold.com/i/misc/051911pic4.jpg

Figure 4: Geologic Model and New Drill Intercepts (3300 Zone)

Also shown in Figures 4 are new results from our 2011 program, including drill hole N11U-036 (just released). The intercepts are represented by colored cylinders on the drill holes. The length of the cylinder represents the length of the intercept. The grade of the intercept is represented by the cylinder size and its color as indicated in the legend. The fact that these cylinders occur outside the grade shell indicates that they are in addition to the known resource estimate.

The stope shown as an example in Figure 4 will have its geological model updated to include the new intercepts prior to mining. However, regardless of how much drilling is done, the stope mineralization will not be fully understood until it is mined. The "gaps" between these solids indicate either that they are cut off by a low grade intercept or that the information is not available.

These zones will require a considerable amount of drilling, and the results will always be a mixture of low grade and high grade hits. Up to and including hole N11U-037, there have been 100 drill holes completed in 2010 and 2011; 32 with no significant intercept, 27 with low grade hits (<10 g/t), 27 with hits between 10 and 30 g/t and 14 with hits greater than 30 g/t. This ratio is typical of past drilling on the property and is expected to be typical of the drill results going forward.

Because of the numerous gaps between drill holes, an important feature of mining will be thorough testhole sampling prior to abandoning a stope. Regardless of how dense the diamond drilling is, additional pockets of high grade mineralization will be discovered by sampling jackleg and jumbo drill cuttings. I like to call this "scratch and sniff" mining. These assays will be used to plan additional extraction through slashing walls, breasting backs, or benching floors prior to abandoning or filling the stope. A quick turn-around of numerous assays will be essential to mine functionality.

Demonstrating this concept, Figure 3 shows the results of some drill cuttings assays in the 3300-208 stope drift from jackleg testhole drilling. One wall hole in the diagram shows an assay of 232 g/t and another at 171 g/t, neither of which was discovered by diamond drilling. These will be slashed before this level is filled. It should be noted that the assays on this diagram were performed in-house and should not be relied upon, since they were not verified by an independent assayer.

http://www.firerivergold.com/i/misc/051911pic5.jpg

Figure 5: 3300 Zone at 208 mASL Stope Showing Test Hole Assays

Mining Methods

Selectivity will be paramount to mining operations at Nixon Fork Mine. Accordingly, a drift and fill method is most appropriate. As there is no liquid fill, stopes will be filled with loose waste from the development program. Drift and fill mining will be done in 3 m lifts, with access provided on a temporary basis to each mining horizon through a combination of benching and breasting stope accesses.

In some instances, shrinkage stoping will be deemed to be more appropriate. This will be accomplished by accessing the stope vertically with using a man raise. The stope will then be mined upward one slice at a time in 3 m vertical lifts using jackleg drill. For each 3 m lift, only the swell from the broken muck will be removed from the lowest extraction level to keep the floor at a working height from the stope back. At the end of the stope's life, it will be full of broken ore, which will then be mucked out to the mill. Shrinkage stoping will allow for grade selectivity in that the final extent of the stope can be determined by testhole sampling. However, any low grade inclusions will have to be taken with the ore, diluting the final grade.

A longhole drill and remote 4 yd3 scooptram have been purchased such that the mine can employ longhole stoping. This will normally be done by using two elevations, a drill horizon and a mucking horizon with as much as 20 m of vertical separation. This mining method would have the least selectivity and any high grade segments will be diluted with lower grade material. However, it may be necessary to employ this method in stopes with span that are so large that the backs may not be stable. In these cases, a stable mucking brow would be established for a remote scooptram to enter the open stope, operated by a miner standing in a safe location on an engineered platform. The back will be pre-supported with long bolts to minimize dilution.

All three stoping methods will be used in the first six months of mining.

Additional equipment purchases include two x 20 t trucks, an additional 4 yd3 scooptram, underground forklift, and a single boom electric hydraulic drill jumbo. All units have been purchased and either en-route or being rebuilt. The last unit is projected to arrive at the end of June.

The Mine Operating Plan

Figure 6 shows the mine plan for start up in graphical form.

http://www.firerivergold.com/i/misc/051911pic6.jpg

Figure 6: Longsection of the Crystal and Mystery Mines Showing Mining Plan

Production from the mine will be provided by the upper portion of the Crystal Mine for the first six months of operations (labelled 1 through 3) using all three mining methods described. Area 1, the 3000X Zone, will be mined with a drift and fill method followed by benching the floor. Area 2 contains a small longhole stope between 370 and 383 elevations of the 3300 zone. Area 3 is the most significant of the three. It contains a drift and fill stope at the base elevation (208 to 214 mASL), a drift and fill stope from 214 to 220 mASL, and two shrinkage stopes with mucknig horizons at 235 mASL. The mine plan for the rest of this area is till being developed.

It is anticipated that ongoing diamond drilling and testhole sampling on mining will increase the mill feed from the upper portion of the Crystal Mine, extending its life beyond the six months currently anticipated.

While the Upper Crystal is being extracted, the main ramp will be extended to depth, which is underway. This ramp extension will open up mining to depth on both the 3000 and 3300 zones, which are some of the best resources on the claim in terms of grade and geological continuity. It is anticipated that the known resources at depth will provide mill feed for approximately one year. The extension of the down ramp has been located in the tightly healed limestone according to the recommendations of a Golder report on ground water hydrology. The existing ramp bottom (shown in Figure 7) will be used a sump for the ongoing development program, pumping to a 200,000 gal water reservoir located at 190 mASL level. Water will be drawn from the reservoir for production and diamond drilling and for muckpile watering.

http://www.firerivergold.com/i/misc/051911pic7.jpg

Figure 7: Old Ramp Bottom

A second development face has also been started - the connection drift between Mystery and Crystal Mines shown as a dotted line on Figure 4. This will open up underground drill platforms for the zone between the mines, which is thought to be the best exploration target for identifying new zones and adding to the resources of the Southern Cross and J5A. Water inflows from this heading will also be directed to the sump at the old ramp bottom.

Mining beyond this 18 month period will be in the Mystery Mine, in new zones between the two mines, and even deeper in the Crystal Mine on the 3000 and 3300 zones should additional resources be found at depth.

Quality Assurance and Quality Control (QA/QC)

Rigorous controls are in place to ensure the traceability of samples and their results. Upon delivery core is prepped and logged with intervals of interest and/or mineralization marked for sampling. The core is subsequently photographed prior to cutting. Half the core is retained for future reference and the remaining half placed in double poly bags and sealed for shipment. Samples are delivered to ALS Chemex in Fairbanks, AK where they are dried, crushed, and representative splits are transported to ALS Chemex labs in either Reno, NV or Vancouver, BC for assay. ALS Chemex complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025:1999. Analysis includes Fire Assay with gravimetric finish for gold and ICP for 33 other elements. Gold assay results greater than 5 ppm are automatically re-submitted for screen metallic analysis.

QA/QC is verified using external standards, blanks, and duplicates with 13% of all samples submitted being QA/QC check samples. Results are examined ensuring control samples fall within 2.5 standard deviations of certified values. Failed results are re-analyzed by the lab and/or additional samples from the remaining core are submitted for analysis.

The Qualified Person for this news release is Richard Goodwin, P.Eng, President & C.O.O for Fire River Gold.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production in Summer 2011. The Nixon Fork Gold Mine is a permitted and bonded mine which include a ~200 tpd processing plant with a gravity gold circuit, sulphide flotation circuit and a gold recovery system (CIL circuit) that is scheduled to be completed by Summer 2011. The mine also includes a fleet of surface & underground mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip.

Fire River Gold Corp is a member of the International Metals Group.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

"signed"

Richard Goodwin

President & C.O.O.

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek safe harbour.








Tel: [phone] Fax: [phone]
Email: [e-mail] or visit www.firerivergold.com
2303 West 41st Avenue, Vancouver, B.C., Canada, V6M 2A3

[Picker56 [KommA]]

Gute News --> nachgebender Kurs = wohl ein typisches Verhalten in der derzeitigen Börsenlage.

Mal sehen, wann die Talsohle durchschritten ist.

Picker56

[mintelo]

Antwort auf Beitrag Nr.: 41.527.174 von kaliho am 19.05.11 15:55:52

verdeutscht:
http://www.wallstreet-online.de/nachricht/3156524-irw-press-…

[mintelo]

Antwort auf Beitrag Nr.: 41.535.044 von mintelo am 20.05.11 21:38:58

Die erwähnte PDF-Datei:
http://www.irw-press.com/dokumente/FAU__19052011_DEUTSCH.pdf

[Langstreckenschwimmer]

Zitat von Flack: wiederum ein unentgeltlicher Werbespot von FAU für Nanounterwasserroboterhersteller!

'...at the 3000 Zone and ...the 3300 Zone...'. - leider wieder mal - die beiden Unterwasserzonen.

Flack

Hallo Flack,

zunächst mal kann ich Deine Befürchtungen in Bezug auf Wasser in den unteren Ebenen der Mine nachvollziehen.

soweit es die Zone 3300 betrifft, liegt die wohl auf 208 bis 285 Meter über dem Meeresspiegel.

Abb. 1: Gradschale (1 g/t) des Erzkörpers 3300, 208 bis 285 m ü.N.N.

Das 200.000 Gallonen (757.080 Liter) große Wasserreservoir liegt deutlich tiefer auf 190 Meter über dem Meeresspiegel, also muß das Wasser in diesem Fall nur nach unten ablaufen bzw. wird wohl sogar nach unten gepumpt.

Die Ausdehnung der tieferen Rampe wurde in die engen Bankette der Kalksteine gelegt, wie es die Empfehlungen des Golder Berichts zum Grundwasser und der Hydrologie vorsehen. Der vorhandene Rampenboden (siehe Abb. 7) wird als Sickergrube für die laufenden Entwicklungsarbeiten genutzt und gepumpt wird dies dann in ein 200.000 Gallonen großes Wasserreservoir welches auf der Ebene 190 m ü.N.N. liegt. Das Wasser wird dann für die Produktion und die Diamantbohrer benutzt sowie für die Wässerung der Haufwerke.


Offenbar ist das Problem Wasser im Bergbau schon viele Jahrhunderte bekämpft worden und es muß dazu unendlich viel Erfahrung geben.

Habe dazu mal ein paar Info´s nachfolgend aus Wikipedia angehängt.

Bin mir ziemlich sicher, dass die Fachleute mit ihrer Erfahrung und ihren Fähigkeiten, vor allem zusammen mit den heute verfügbaren technischen Möglichkeiten, dieses Problem in 18 - 24 Monaten nach dem Start im Sommer 2011, auf jeden Fall gut in den Griff bekommen können.

Gruß

LSS

----------------------------------------------------------------------------------------

Im frühen Bergbau wurde bis ins 13. Jahrhundert, in einigen Bergbaurevieren sogar bis ins 16. Jahrhundert, die Wasserhaltung manuell betrieben. Dazu wurden Bergleute als sogenannte Wasserknechte eingesetzt und diese mussten das Wasser mittels Ledereimern, Kannen, Holzeimern oder Töpfen aus dem Bergwerk befördern. Mit dieser Art der Wasserhaltung konnten Grubenbaue mit Teufen von 20 bis 30 Metern entwässert werden. Allerdings war für diese Art der Wasserhaltung ein hoher Bedarf an Wasserknechten erforderlich. In einigen Bergwerken waren oft mehr Wasserknechte mit der Wasserhaltung beschäftigt als Hauer (Bergbau) vor Ort waren. Im Freiberger Revier wurden bis zu 2000 Wasserknechte eingesetzt, um die Gruben zu entwässern. Dies war mit hohen Kosten verbunden, was wiederum den Erlös schmälerte.
Je tiefer die Schächte wurden, umso schwieriger gestaltete sich die manuelle Wasserhaltung. Ab dem 14. Jahrhundert wurden spezielle Wasserhebemaschinen im Bergbau eingesetzt. Anfangs wurden diese Maschinen noch mit menschlicher Muskelkraft, später dann mit Pferden mittels Pferdegöpel angetrieben. Die ersten im Bergbau eingesetzten Wasserhebemaschinen waren die Bulgenkunst und später die Heinzenkunst . Ab Mitte des 16. Jahrhunderts wurden die Pumpenkünste zur Wasserhaltung eingesetzt. Diese mit Wasserkraft angetriebenen Maschinen bezeichneten die Bergleute als Wasserkünste. Die Wasserkünste wurden mittels eines ausgeklügelten Systems von Teichen , Kunstgräben und Entwässerungsstollen betrieben.
Methoden zur Wasserhaltung
Zur Wasserhaltung nutzt der Bergmann verschiedene Verfahren und Methoden, dabei unterscheidet der Bergmann zwischen der Wasserlosung und der Wasserhebung. Hierzu bedient er sich der folgenden Techniken:
Abdämmung oder Zurückhaltung des Wassers, damit es nicht in die Grubenbaue eindringen kann
Nutzung des natürlichen Abfluss des Wassers über Wasserröschen oder Wasserlösungsstollen (Bergbau)>
Entfernen des Wassers aus dem Grubengebäude mittels Gefäßen oder Pumpen
Wasserlosung
Als Wasserlosung bezeichnet man alle Vorkehrungen, die dazu dienen, das Wasser von den Grubenbauen fern zu halten. Auch die Nutzung des natürlichen Wasserabflusses dient der Wasserlosung (auch Wasserlösung genannt). Bei dieser Methode wird hauptsächlich dafür gesorgt, dass das Niederschlagswasser nicht über die Tagesöffnungen des Bergwerks in den untertägigen Bereich gelangt. Dazu wird durch Drainagen(Geotechnik)> oder Abzuggräben das Wasser am Eindringen in die Grube weitestgehend gehindert. Damit das Grundwasser nicht in den Schacht dringen kann, wird bei sehr wasserreichem Gebirge ein wasserdichter Schachtausbau verwendet. Untertage werden Grubenbaue mit starkem Wasserzufluss mittels spezieller Wasserrückhaltedämme (Bergbau)> vom restlichen Grubengebäude abgetrennt.
Wasserhebung
Die Wasserhebung dient dazu, insbesondere im Tiefbau (Bergbau)> das angesammelte Wasser wieder zu entfernen. Dabei muss das Wasser soweit aus den Grubenbauen gehoben werden, dass es entweder über einen Wasserlösungsstollen abfließen kann oder direkt nach Übertage befördert wird. Dabei wendet man unterschiedliche Methoden an. Während bis ins 19. Jahrhundert im Bergbau Methoden wie das Wasserziehen oder das Wasserschöpfen vorrangig verwendet wurden, werden im heutigen Bergbau fast ausschließlich nur noch Pumpen zur Wasserhaltung eingesetzt. Im heutigen Bergbau wird noch teilweise zum Entfernen von stark verschlammten Grubenwasser eine Methode verwendet, die dem Wasserziehen sehr ähnlich ist.
Wasserziehen
Das Wasserziehen wurde zur Wasserhebung bei kleiner Arbeitsleistung in Schächten und Blindschächten verwendet. In Blindschächten werden als Gefäße hohe Kübel oder elliptische Fässer verwendet, die mit einem Haspel im Blindschacht rauf und runter gezogen werden. Im Blindschachtsumpf kippen diese Gefäße, sobald sie auf dem Wasserspiegel angekommen sind, selbsttätig um und füllen sich mit Wasser. Anschließend werden sie mit dem Haspel wieder bis zur Sohle hochgezogen und durch Umstürzen entleert. In Tagesschächten wurden als Gefäße Wassertonnen oder Wasserhunde verwendet.[7] Diese Gefäße sind am Boden mit selbsttätige Ventilen ausgestattet, die sich beim Eintauchen ins Wasser durch den Wasserdruck öffnen. Dadurch kann das Wasser in das Gefäß einströmen. Beim Hochholen des Gefäßes schließt sich das Ventil selbsttätig. Übertage wird das Gefäß durch Öffnen des Ventils oder durch Umstürzen des Gefäßes entleert.
Wasserschöpfen
Beim Wasserschöpfen wird das Wasser manuell mit Kannen oder Eimern oder mit einer abgeschöpft. Da ein Mann nur bis zu 150 Liter Wasser pro Minute schöpfen kann, wurde dieses Verfahren nur bei geringen Wassermengen angewendet. In der Regel wurde das Wasser hierfür durch einen etwa einen Meter hohen Damm abgesperrt, damit es nicht in den Arbeitsbereich der Bergleute laufen konnte. Das Wasser wurde aus dem Ort manuell herausgeschöpf und hinter den Damm geschüttet. Im heutigen Bergbau wird dieses Verfahren nur bei sehr geringen Wassermengen eingesetzt, wenn sich der Einsatz einer Pumpe nicht so schnell bewerkstelligen lässt. Das Wasser wird hierzu in Förderwagen geschöpft und abtransportiert.
Wasserhaltung im Stollenbau
Im Stollenbau erfolgt die Wasserhaltung durch natürliche Wasserlösung. Damit das Wasser aus den Stollen herausfließen kann, werden die Stollen in der Regel mit einer leichten Steigung aufgefahren. In der Stollensohle wird an einer Stoßseite eine Wasserseige angelegt, über die das anfallende Grubenwasser durch das natürliche Gefälle ablaufen kann.[8] Außerdem werden zusätzliche Hilfsstollen, sogenannte Wasserlösungsstollen, angelegt, die nur die Aufgabe der Wasserhaltung für die Stollenanlage haben. Das Grubenwasser wird dabei von den oberen Stollen über interne Verbindungen zu den tiefer liegenden Wasserlösungsstollen geleitet und von diesen aus über das Stollenmundloch in den nächstgelegenen Fluss abgeleitet.

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.535.049 von mintelo am 20.05.11 21:40:51

http://www.irw-press.com/dokumente/FAU__19052011_DEUTSCH.pdf

ist sicher für viele ein wertvoller Artikel, der die Komplexität der Goldförderung sehr anschaulich darlegt, denn es ist dadurch erkennbar, dass eine Goldproduktion nicht nur "buddeln" und "Erz zu Mühle schaffen" bedeutet.

Danke fürs Reinstellen.

Picker56

[Langstreckenschwimmer]

Antwort auf Beitrag Nr.: 41.539.895 von Picker56 am 23.05.11 07:49:19

Hallo Picker,

denke darüber nach bei Fire River Gold zu investieren und bin im Moment in der Phase, wo ich versuche erst mal möglichst viele Informationen über das Unternehmen aufzunehmen.

Bin seit Oktober letzten Jahres sehr intensiv bei Alcyone Resources dabei.

Wenn man die Transparenz und Dynamik mit der es hier bei Fire River voran geht, mit Alcyone vergleicht, dann liegt man hier bei Fire River um Klassen besser.

Meine Frage an Dich wäre, weshalb ist die Kursentwicklung sagen wir mal leicht nach unten gerichtet, obwohl doch, so wie ich das bisher verstanden habe, bereits im Sommer mit dem Abbau in den oberen Regionen der Mine begonnen werden soll.

D.h. im Sommer werden die Producer.

Liegt das an der allgemeinen, gedrückten Stimmung bei den Rohstoffen oder hängt es vielleicht damit zusammen, das die Resourcen von Fire River mit

128.500 oz angezeigt und

75.000 oz vermutet

zunächst noch kein allzulanges Minenleben garantieren. Bei Monument Mining sieht man ja gerade diese Situation. Tolle Mine, top organisiert, erwirtschaftet richtig cash und trotzdem wächelt es, weil die Situation bezüglich Resoucen Erweiterung, Verlängerung des Minenlebens, zunächst noch unklar ist.

Gruß

LSS

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.540.859 von Langstreckenschwimmer am 23.05.11 10:27:17

Kann dir auch nur meine Vermutungen sagen, stichhaltige Beweise fehlen auch mir.

Ich denke, dass der Kursverlauf die derzeitige gedrückte Gesamtbörsenstimmung widerspiegelt.

Hinzu kommt noch, dass trotz der guten Funde immer noch das Risiko besteht, die Mine auch tatsächlich wirtschaftlich mit den derzeit wenigen Gesamtressourcen hoch zu fahren und daher noch nicht so viele Einsteiger anzieht.

Klar wirken die derzeitigen Ressourcen nicht berauschend, aber es gibt genügend kleine Produzenten, die ebenso begonnen haben und stetig durch neue Funde das Minenleben verlängert haben.
Man muss nicht 100.000 oz per anno produzieren um gut überleben zu können.

Summa summarum sehe ich persönlich keine wirklich fundamentalen Schwächen bei FAU weswegen der Kurs nachgegeben haben könnte.

Wie bei 99% aller anderen Explorer werden wir wohl diese gesamte Talfahrt aussitzen müssen um bessere Zeiten/Kurse erleben zu dürfen.

Bin selbst nach langem Überlegen im Jänner 2011 eingestiegen, da mir die Chancen gegenüber dem Risiko überwiegen. Zwar derzeit leicht im Minus, aber in Anbetracht meiner persönlichen Überlegungen zum Unternehmen nicht beunruhigt.

Eine Chancen-Risiko-Beurteilung musst du dir für einen eventuellen Einstieg schon selber ermitteln.

Picker56

PS : Alcyone ??? Als Nachfolger von Macmin Silber ?? Ob die es besser machen als ihre Vorgänger ?? Habe mich seit dem Niedergang von Macmin nicht mehr damit beschäftigt -zu heißes Eisen.

[Langstreckenschwimmer]

Antwort auf Beitrag Nr.: 41.541.483 von Picker56 am 23.05.11 12:02:55

Hallo Picker,

vielen Dank für Deine Antwort, werde hier einsteigen.

Tim Luca hat mir übrigens, auch dringend vor Alcyone abgeraten, dass ist auch der Grund, weshalb ich besonders intensiv in die Recherche eingestiegen bin, um soweit wie möglich auf alle Eventualitäten vorbereitet zu sein. Habe schon einen schönen Gewinn realisieren können und bin guter Hoffung, dass da noch etwas dazu kommt.

Gruß

LSS

[Silberbaron]

Antwort auf Beitrag Nr.: 41.540.859 von Langstreckenschwimmer am 23.05.11 10:27:17

Hallo Picker,

denke darüber nach bei Fire River Gold zu investieren und bin im Moment in der Phase, wo ich versuche erst mal möglichst viele Informationen über das Unternehmen aufzunehmen.

Bin seit Oktober letzten Jahres sehr intensiv bei Alcyone Resources dabei.

Wenn man die Transparenz und Dynamik mit der es hier bei Fire River voran geht, mit Alcyone vergleicht, dann liegt man hier bei Fire River um Klassen besser.

Meine Frage an Dich wäre, weshalb ist die Kursentwicklung sagen wir mal leicht nach unten gerichtet, obwohl doch, so wie ich das bisher verstanden habe, bereits im Sommer mit dem Abbau in den oberen Regionen der Mine begonnen werden soll.

D.h. im Sommer werden die Producer.

Liegt das an der allgemeinen, gedrückten Stimmung bei den Rohstoffen oder hängt es vielleicht damit zusammen, das die Resourcen von Fire River mit

128.500 oz angezeigt und

75.000 oz vermutet

zunächst noch kein allzulanges Minenleben garantieren. Bei Monument Mining sieht man ja gerade diese Situation. Tolle Mine, top organisiert, erwirtschaftet richtig cash und trotzdem wächelt es, weil die Situation bezüglich Resoucen Erweiterung, Verlängerung des Minenlebens, zunächst noch unklar ist.

Gruß

LSS


Antwort:
Fire River hat eine Kapitalerhöhung gemacht mit einem Ausübungspreis bei 0.50. Da sind einige Millionen Aktien und Optionen ausstehend. Das ist für mich ein möglicher Grund für das Pendeln um 0.50 und darunter. Die Ressourcen spielen eine extrem wichtige Rolle bei der Bewertung eines Unternehmens, schau dir mal Minco Silver an oder South American Silver, nur wegen der Unzen an Ressourcen sind sie Millionen wert.
Sobald die ersten positiven Produkitonsergebnisse kommen, wird es wohl steigen. Falls nicht, dann haben wir eine Trauerstimmung.
Bei Monument sehe ich das übrigens genauso, ich habe mal ausgerechnet, was die Wert sind wenn alle Optionen und dergleichen ausgeübt sind, über 300 Millionen Marktkapitalsierung und die Optionen sind gerade so um die 0.60 gehäuft. Aber eben auch bezügl. Ressourcen ist nicht viel los.

good investing

Silberbaron

[Langstreckenschwimmer]

Antwort auf Beitrag Nr.: 41.544.035 von Silberbaron am 23.05.11 18:24:54

Hallo Silberbaron,

vielen Dank für die Mühe und Informationen.

Gruß

LSS

[Langstreckenschwimmer]

Antwort auf Beitrag Nr.: 41.544.262 von Langstreckenschwimmer am 23.05.11 19:07:38

Hallo Zusammen,

bei Fire River Gold sind die Bewegungen in Deutschand offenbar recht geringfügig.
Heute ist z.B. noch keine einzige Aktie gehandelt worden. Für ein Unternehmen,
dass in 2 Monaten zum Producer wird sehr ruhig.

Gruß

LSS

[mintelo]

Antwort auf Beitrag Nr.: 41.548.400 von Langstreckenschwimmer am 24.05.11 14:33:44

in Can ist auch nicht viel los:


aber Geduld wird sich auch hier auszahlen...

[dontoto]

Hallo liebe FAU Gemeinde,

ich habe heute mal auf der Website gestöbert und folgendes gefunden. Etwas versteckt, aber ich denke auch interessant für alle Aktionäre, zumal man in diesem Forum bislang noch nichts dazu lesen kann.

Es gibt ein "Annual General Meeting" am 21. Juni 2011 in den Büroräumen in Vancouver. Neben Neuwahlen oder Besetzung von Direktorenposten und der Jahresabschluss vom Oktober 2010 soll auch ein weiterer Stock Option Plan verabschiedet werden. Es werden also Optionen für Board Mitglieder, Direktoren etc. zu einem bestimmten Preis festgesetzt. Ich sehe das grundsätzlich nicht als schlecht an, wenn Mitarbeiter in Aktien bezahlt werden und somit erfolgsabhängig vergütet werden ( gute Arbeit = hoher Kurs ) und da FAU meines Erachtens noch gut im Zeitplan liegt und in diesem Jahr die Produktion beginnen wird, wird sich das auch für die Aktionäre lohnen, sofern weitere Ressourcen durch das aktuelle Bohrprogramm hinzugefügt werden können, was essentiell notwendig ist!

Gut zu lesen ist der aktuelle Bericht von unserem CEO Goodwin auf der zweiten Seite, der einen aktuellen Statusbericht enthält. Demnach wird die Testphase der Cyanid Anlage Mitte bis Ende diesen Monats (Juni) starten und soll nach Kommissionierung im Oktober operativ laufen, mit einer Goldgewinnung von 96%.

Anbei der direkte Link:
http://www.firerivergold.com/i/pdf/2011FireRiverGoldInfoCirc…

[Sheriff-von-Nottingham]

Fire River Gold Announces 107.13 g/t (3.12 opt) Gold and 36.26 g/t (1.06 opt) Silver Over 8.4 m (27.6 ft) At Nixon Fork Gold Mine, Alaska
view PDF

June 6, 2011 Vancouver, Canada - Fire River Gold Corp (TSXV: FAU) (OTCQX: FVGCF) (FSE: FWR) ("FAU" or the "Company") is pleased to announce results obtained from additional holes drilled during its 2011 drill program at the Nixon Fork Gold Mine, situated in Alaska's Tintina Gold Belt. The Company has received and confirmed assay results from drill holes N11U-038 to N11U-054 at the 3300 Zone. Complete listing of the drill hole intercepts are provided in Table 1. The widths of the intercepts are approximate to the true width of the mineralized intercept.

Table 1. Results from Holes N11U-038 to N11U-054

The Company is currently operating two drills continuously in the Crystal Mine. They are primarily focussed on detailing mineralized zones scheduled for the first six months of mining, beginning in June 2011. This includes filling in gaps in mineralization and extending open zones along strike and dip. Diamond drill holes N11U-038 through N11U-054 were successful in expanding known resources surrounding the 3300 ore body. Following trends suggested by earlier drilling, these not only confirmed additional mineralization but also support the validity of our new deeper understanding of the geology of this deposit. The following illustrations demonstrate how these diamond drill holes show new zones of mineralization outside of previously modelled areas. Figure 1 shows the block model in green, representing +10 g/t gold grades at the base of a shrinkage stope located at 235 mASL (meters above sea leve) in the 3300 zone. Figure 2 shows the 1g/t grade shell in the upper portion of the 3300 zone at 385 mASL, which will be a longhole stope. Both stopes will provide mill feed during the first six months of operation.

Figure 1: Definition Drilling at 235 mASL in the 3300 Zone

Figure 2: Definition Drilling for the 385 Longhole Stope, 3300 Zone

Fire River Gold Corp will continue its active drilling program ahead of advancing mining and adding to previous discoveries. With the coming of summer we will now pursue exploration of additional targets as our surface-drilling program commences.

Quality Assurance and Quality Control (QA/QC)

Rigorous controls are in place to ensure the traceability of samples and their results. Upon delivery core is prepped and logged with intervals of interest and/or mineralization marked for sampling. The core is subsequently photographed prior to cutting. Half the core is retained for future reference and the remaining half placed in double poly bags and sealed for shipment. Samples are delivered to ALS Chemex in Fairbanks, AK where they are dried, crushed, and representative splits are transported to ALS Chemex labs in Reno, NV or Vancouver, BC for assay. ALS Chemex complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025:1999. Analysis includes Fire Assay with gravimetric finish for gold and ICP for 33 other elements. Gold assays results greater than 5 ppm are automatically re-submitted for screen metallic analysis.

QA/QC is verified using external standards, blanks, and duplicates with 13% of all samples submitted being QA/QC check samples. Results are examined ensuring control samples fall within 2.5 standard deviations of certified values. Failed results are re-analyzed by the lab and/or additional samples from the remaining core are submitted for analysis.

Nixon Fork Gold Mine

The Nixon Fork Gold Mine was acquired in September 2009. From 1995 - 2007, the project produced approximately 175,000 ounces of gold at an average grade of 39 grams per ton (1.14 opt). The mining and processing facilities at Nixon Fork are permitted and bonded. The deposit is a gold-rich copper silver skarn typical of other skarn systems found throughout the world. At Nixon Fork, the higher grades are found in steeply plunging pipe-like bodies that are oxidized to depths of up to 350 meters below the surface. Oxidization of the system has resulted both in secondary copper and gold, with high grades and a "nuggety" distribution.

The Qualified Person for this news release is Richard Goodwin, P.Eng, President & C.O.O for Fire River Gold.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production in Summer 2011. The Nixon Fork Gold Mine is a permitted and bonded mine which include a ~200 tpd processing plant with a gravity gold circuit, sulphide flotation circuit and a gold recovery system (CIL circuit) that is scheduled to be completed by Summer 2011. The mine also includes a fleet of surface & underground mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip.

Fire River Gold Corp is a member of the International Metals Group.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

"Richard Goodwin"

Richard Goodwin
President and COO

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. The TSX Venture Exchange or its Regulation Services Provider have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management. We seek safe harbour.
#
:-) ;-)

[Sheriff-von-Nottingham]

gleich nochmal ein zweites Posting, damit die Zahlen sich besser einbrennen


Fire River Gold Announces 107.13 g/t (3.12 opt) Gold and 36.26 g/t (1.06 opt) Silver Over 8.4 m (27.6 ft) At Nixon Fork Gold Mine, Alaska

[666-666]

Antwort auf Beitrag Nr.: 41.608.927 von Sheriff-von-Nottingham am 06.06.11 18:23:35

Bitte guckst du hier

keine reaktion versteh ich nicht!



http://news.goldseek.com/FeaturedPR/1307377099.php


http://news.goldseek.com/FeaturedPR/1307377099.php

[Sheriff-von-Nottingham]

ja keine Ahnung was da los ist.... eignetlich müsste FAU explodieren mMn... kommt vielleicht noch

[mintelo]

Antwort auf Beitrag Nr.: 41.612.059 von Sheriff-von-Nottingham am 07.06.11 10:24:44

Es ist das momentane Umfeld. Da heisst es Geduld haben.

[Modus-Berlin]

Antwort auf Beitrag Nr.: 41.612.048 von 666-666 am 07.06.11 10:23:36

Hey,

habe gerade 10000 Stck. zugekauft u. den Kurs in D. "gerettet"

Die Bohrergebnisse sind natürlich ausgezeichnet. Das gesamte Umfeld ist derzeit nicht günstig, was man an den meisten Gold- und Silberaktien sieht.
Wer jetzt nicht einsteigt - bei einem stehendem Zug - der wird im Herbst hinterherlaufen

[mintelo]

Bohrprogramm erfolgreich Fire River Gold mit exzellenten Zahlen
Autor: Björn Junker
08.06.2011, 16:11
Die Bohrsaison auf einer Liegenschaft von Fire River Gold hat bereits begonnen. Die ersten vorgelegten Zahlen können als äußerst gut beschrieben werden.

Auf der Goldmine von Nixon Fork läuft derzeit ein neues Bohrprogramm. Fire River Gold (WKN: A0YED7) hat in den vergangenen Monaten eine Vielzahl neuer Bohrungen in Auftrag gegeben. Die Ergebnisse von 17 der entnommenen Bohrkerne in der Zone 3300 liegen inzwischen vor. Auf sieben Löchern hat es keine Ergebnisse gegeben. Die anderen zehn Löcher erzeugen dagegen zum Teil traumhafte Werte. Gefunden werden dabei Gold-, Silber- und Kupfermineralisierungen. Vor allem die Goldfunde können als sehr beachtlich bewertet werden.
http://www.wallstreet-online.de/nachricht/3174243-bohrprogra…

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 41.621.217 von mintelo am 08.06.11 17:11:37

kein gut recherchierter bericht wie ich finde.

[Denmi9]

Hallo alle zusammen,

mich würde interessieren wie hoch die Abbaukosten pro Unze sind?
Bin am überlegen hier zu investieren, konnte leider nichts über die Abbaukosten finden. Es interessiert mich auch wie viele Aktien ausgegeben sind.

Vielen Dank

[Denmi9]

Aktienanzahl hab ich, sorry

[Sheriff-von-Nottingham]

hier mal ne kleine Info

http://www.firerivergold.com/i/pdf/FAUFactsheet_German.pdf

[Sheriff-von-Nottingham]

Antwort auf Beitrag Nr.: 39.027.849 von Ahorne am 28.02.10 12:52:30

und hier habe ich mich zwei Posts weiter oben bedient.


Geplante Produktion pro Jahr. 50'000 Unzen (sollte gesteigert werden)
Cash Cost 500 USD

Marktkapitalisierung bei 90. Mio Aktien (Fully Diluted) * 0.41 CAD = 37Mio. USD
(akt. 50 Mio. Aktien)

Bruttoerlös bei Goldpreis:
700 = 10 Mio. USD
800 = 15 Mio. USD
900 = 20 Mio. USD
1'000 = 25 Mio. USD
1'100 = 30 Mio. USD
1'200 = 35 Mio. USD
1'500 = 50 Mio. USD


Mine genehmigt und gebondet. Geht vermutlich im 1. Q. 2011 in Produktion.
Bohrprogramm läuft.



[/quote]

[Denmi9]

Antwort auf Beitrag Nr.: 41.628.096 von Sheriff-von-Nottingham am 09.06.11 17:28:47

das 1. Q in 2011?? ist doch schon um??

[Denmi9]

Antwort auf Beitrag Nr.: 41.628.096 von Sheriff-von-Nottingham am 09.06.11 17:28:47

wollen die nicht im juni 2011 in prod gehen?

[Denmi9]

Überlege hier einzusteigen. Mich interessiert ob sofort mit der Produktion begonnen werden kann, wenn die Anlage fertig gestellt ist. Das heisst, wird das Erz für die Verarbeitung schon abgebaut oder wird damit erst angefangen wenn die Anlage steht? Dies wuerde den Start der Prod ja ein wenig weiter nach hinten Verschieben.

Vielen Dank

[otimm99]

Antwort auf Beitrag Nr.: 41.631.210 von Denmi9 am 10.06.11 10:25:11

Hier findest Du alle Infos:

http://www.firerivergold.com

PS: sogar in deutsch !!!

[Denmi9]

Antwort auf Beitrag Nr.: 41.631.415 von otimm99 am 10.06.11 10:56:42

ok, jetzt habe ich es gefunden. war vorher auch schon auf der seite, hatte aber nicht das gefunden was ich gesucht habe.

werde hier investieren!

ich offe die schaffen es wirklich in den nächsten wochen die mine zum laufen zu bringen. mir ist aber nicht klar warum man so wenig über diese aktie hört. trommelt denn kein bb dafür? wenn nicht um so besser, die können kommen wenn hier produziert wird. mich wundert auch, warum hier dafür das es kurz vor produktionsbeginn ist, relativ wenig gehandelt wird. gut vielleicht liegt es an dem momentanen umfeld, doch andere explorer die kurz vor der prod stehen bekommen mehr aufmerksamkeit.

gründe für eine investition

ich denke das die abbaukosten mit ca 500$ in ordnung sind
die aktienzahl auch noch vergleichsweise wenig ist im gegensatz zu anderen explorern.
sehr gute bohrergebnisse erziehlt wurden (ich gehe davon aus das dies auch weiterhin so sein wird)
genügend cash in der kasse ist um auch mal kleine investitionen die nicht eingeplant sin zu tätigen
ein weiter steigender goldpreis, denke in spätestens einem jahr sehen wir da die 2000$
steigender silberpreis, denke silber wird noch alle überraschen, da geht noch einiges nach oben (jeder sollte auch silberunzen zu hause haben.)
die aktie relativ wenig beachtung findet

ich habe auf der homepage gelesen das das management plant vielleicht noch zukäufe zu tätigen?? habe es hoffentlich richtig verstanden, sollte dies so sein, ist es ganz klar ein weiterer punkt für einen einstieg.

also hoffen wir mal das sich hier bald etwas tut im kurs, die bohrergebnisse sind echt klasse, eigendlich dürfte es nur noch eine frage der zeit sein bis der kurs von fire river anzieht. die chancen hier sind super!

allen viel erfolg

dies soll natürlich keine kauf- oder verkaufempfehlung sein

[Charly_2]

Antwort auf Beitrag Nr.: 41.632.179 von Denmi9 am 10.06.11 12:52:01

<<ein weiter steigender goldpreis, denke in spätestens einem jahr sehen wir da die 2000$>>

..das kannst du vergessen, ausser der $ wertet um 30% ab ...

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 41.632.179 von Denmi9 am 10.06.11 12:52:01

naja fau wurde schon in der näheren vergangenheit von mehreren börsenbriefen in den himmel gelobt. also das hier ein unbekannter explorer der bald zum produzenten wird schlummert, ist leider nicht der fall.

ich denke die zurückhaltung ist einfach damit verbunden, dass das management hier erstmal die bestehenden tailings durch den neu installierten cil-kreislauf der mühle schicken will und man jedoch nicht weiß wie hoch die recovery bei diesem verfahren überhaupt sein wird.
in den berg gehen, um dort gestein zu tage zu fördern, will man erst später ( wann das genau sein wird, weiß ich nicht).

das mit den zukäufen vom management glaube ich erst, wenn ich es bei canadianinsider schwarz auf weiß nachlesen kann

der kurs wird sicherlich erst von der stelle laufen, sobald der erste baren gegoßen oder eine ni konforme resourcenschätzung vorliegt die dann auch noch ein langes minenleben bescheinigt.

[Denmi9]

Antwort auf Beitrag Nr.: 41.636.361 von Charly_2 am 11.06.11 14:08:12

Ok, denke da anders. Ich denke solange kein Erfolg/Lösung bei den Staatsschulden zu verzeichnen ist, wird Gold weiter steigen. Wieso gehst du nicht davon aus? Was denkst du über die Preisentwicklung beim Silber? ich bin auch beim Silber sehr positiv gestimmt, denke wir werden hier bis nächsten Herbst(also 2012) zwischen 60-80 Dollar liegen. Wenn man die nächsten zehn Jahre betrachtet ist Silber meiner Meinung nach ein besseres Investment als Gold. Silber steckt in großen Mengen in den Zukunftstechnologien, es leitet sehr gut Wärme und Strom und wird gerade bei erneuerbaren Energien gebraucht. Es gibt sehr viele Bereiche wo Silber in den nächsten Jahren verstärkt benötigt wird. Nicht zu vergessen die Investmentnachfrage, die auch drastisch angestiegen ist die letzten Jahre. Man sollte sich nur mal die verkäufe der American Eagle anschauen...

So, habe wohl etwas durch blicken lassen das ichein echter Silberfan bin.

Gehe davon aus das Fire River Gold, bald ordentlich verdienen wird und ich denke auch das es bei diesen Bohrwerten nicht bei einer Produktion von 50000 Unzen bleibt. Ganz nebenbei fällt hier auch noch Kupfer ab. Wenn Fire River Gold Corp es schafft in Produktion zu gehen, wovon ich überzeugt bin, dann sehen wir hier über kurz oder lang ganz andere Kurse. Ich denke hier steckt einiges an Potential drinnen.

Ich halte selber Aktien des Unternehmens und spreche keine Kauf- oder Verkaufempfehlung aus.

Ich schildere hier nur meine Sicht...

[Denmi9]

Antwort auf Beitrag Nr.: 41.636.438 von sir_krisowaritschko am 11.06.11 14:38:47

Ich glaube auch nicht das der Kurs hier am Montag los läuft, aber ich denke die Story kann passen. Klar gibt es noch ein paar Aufgaben die zu erledigen sind. Ich werde nach und nach dazu kaufen.

Gehe davon aus das nach dem Bohrprogramm eine Resourcenschätzung kommen wird, wie lange dauert so etwas?
Gehst du nicht davon aus das Fire River Gold dieses Jahr in Produktion geht?

Danke, bis dann

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 41.636.502 von Denmi9 am 11.06.11 15:16:56

Doch ich geh schon davon aus das die mühle zeitnah in betrieb gehen wird. Jedoch wird sich zeigen müssen wie fähig das personal ist um die mühle zügig in den optimalbetrieb zu bringen. Daran ist so manches management spätestens gescheitert

[Denmi9]

ist ja echt nichts los hier... Was tippt ihr denn wann wir produzieren?
schönen Tag allen!

[Denmi9]

guten abend,

ich hoffe nur das die mühle bald in betrieb geht, vielleicht sehe ich ein bisschen schwarz, aber die sache mit den griechen könnte aus dem ruder laufen...
dazu noch die amis...

allen viel erfolg für morgen!!

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.652.950 von Denmi9 am 15.06.11 23:19:09

vielleicht sehe ich ein bisschen schwarz, aber die sache mit den griechen könnte aus dem ruder laufen...
dazu noch die amis...

Auch ich sehe schwarz - aber nicht für gleich und jetzt.

Der Euroraum kann sich ne Staatspleite nicht leisten und wird weiter Cash nachschieben.
Und die gleiche Situation gilt für die Amis, auch die müssen das QE3 durchwinken.

Alles zusammen ( noch mehr Dollars und Euros )sind durchaus gute Voraussetzungen für Edelmetalle und andere Sachwerte.
Ist aber nur meine private Meinung

Picker56

[Denmi9]

guten Abend!

Es ist schon komisch das sich bei dieser Aktie, trotz meiner Meinung nach sehr guter Bohrergebnisse nichts tut. Klar, man braucht Geduld, doch eigentlich müsste der Markt diese Nachrichten doch auch mal honorieren. Wann sollte eine Resourcenschaetzung in Auftag gegeben werden und vor allen Dingen interessiert mich wie lange so etwas dauert?
Ich hoffe es kommen bald die News, dass die Anlage komplett fertig ist und mit der Produktion begonnen werden kann. Ich hoffe wir werden das innerhalb der nächsten 8 Wochen packen.
Ich denke das auch spätestens dann Fire River Gold vom Markt Beachtung findet. Eines ist erfreulich, während andere Explorer und Produzenten verlieren hält sich FAU ganz gut.

Allen einen schönen Abend!

[Flack]

Antwort auf Beitrag Nr.: 41.657.718 von Denmi9 am 16.06.11 18:28:02

Ich glaube, die guten Nachrichten kommen gleich morgen um 14:45 Uhr MEZ!

Flack

[Denmi9]

Antwort auf Beitrag Nr.: 41.657.972 von Flack am 16.06.11 19:12:24

wieso, die bohrungen sind erfolgreich gewesen und die werte waren meiner meinung nach echt klasse.
wenn du etwas anders siehst, begründe es doch bitte.

[Flack]

Antwort auf Beitrag Nr.: 41.658.111 von Denmi9 am 16.06.11 19:40:20

Klaro, 'klasse Bohrergebnisse' - auf ein paar Zentimetern. Und dazwischen wieder Zigmeter mit nix.... Wie soll das profitabel abgebaut werden????


Flack

[Denmi9]

Antwort auf Beitrag Nr.: 41.663.922 von Flack am 17.06.11 18:53:13

tja, so hat ebend jeder seine eigene meinung, was auch überhaupt nicht schlimm ist. ich finde das diskussionen nicht schaden können und das ganze auch mal aus einem anderen blickwinkel darstellen können.
ich für meinen teil denke das wir hier bald news sehen werden und das fire river gold spätestens im september um die 0,50€ steht. wir werden es sehen.


mal schauen wer recht behält.

wünsche noch einen schönen sonntag und viel erfolg die nächste woche

[simkus66]

Antwort auf Beitrag Nr.: 41.668.029 von Denmi9 am 19.06.11 17:18:04

Fire River Gold verhält sich in den letzten Tagen sehr robust. Denke das wier das Tief in diesem sommer schon gesehen haben.

schaun mer mal.

Grüßle simkus66

[typeonegative]

Weiter gute Aussichten für Gold?

USA droht Schuldenkrise wie in Europa

In zehn Jahren könnten die Staatsschulden des Landes 100 Prozent der Wirtschaftsleistung erreichen. Damit Investoren ihr Vertrauen nicht verlieren, ist ein radikales Sparprogramm nötig. Ansonsten könnten die USA eine Schuldenkrise mit griechischen Ausmaßen ereilen.

Das Budget Office des US-Kongresses, eine Art Bundesrechnungshof, warnt in einem Bericht vom Mittwoch vor der stark steigenden Staatsverschuldung der Vereinigten Staaten. Es drohe eine ähnliche Krise, wie sie Europa derzeit erlebe. Sollte die Verschuldung unvermindert steigen, werde die Schuldenlast innerhalb eines Jahrzehnts der jährlichen Wirtschaftsleistung der USA entsprechen. Zudem drohe ein Vertrauensverlust der Investoren in die Fähigkeit der US-Regierung, ihre Geldangelegenheiten in den Griff zu bekommen.

Etwa 9700 Mrd. der 14.300 Mrd. Dollar Staatsschulden der USA werden derzeit von Investoren und ausländischen Regierungen wie der Chinas gehalten. Vertreter der Republikaner nahmen den Bericht als Beleg für ihre Forderungen nach Einsparungen bei den Sozialausgaben wie dem Gesundheitsprogramm Medicare in Anspruch.

US-Vizepräsident Joe Biden und mehrere einflussreiche Abgeordnete verhandeln derzeit über mögliche Sparkonzepte. Gemeinsam sollen sie Vorschläge erarbeiten, wie die USA innerhalb der kommenden zehn Jahre 2000 Mrd. Dollar einsparen können.

Von einer Einigung hängt auch die Erhöhung der Schuldenobergrenze ab, die den USA die Aufnahme weiterer Kredite verbietet. Sollte sie nicht angehoben werden, droht den USA im August die Zahlungsunfähigkeit.

siehe: http://www.ftd.de/politik/international/:haushaltsbericht-us…

[typeonegative]

Neue Fotovoltaik-Systeme

Strom aus Gold und Sonne

Das größte Problem der Solarindustrie sind die hohen Materialkosten. Forscher arbeiten an winzigen Goldantennen, die aus Licht mehr Strom herausholen – und die Fotovoltaik so profitabel machen. von Sascha Rentzing

mehr siehe: http://www.ftd.de/wissen/technik/:neue-fotovoltaik-systeme-s…

[Flack]

Antwort auf Beitrag Nr.: 41.688.349 von typeonegative am 23.06.11 12:05:22

Im Nanometerbereich - das bringt absolut nix im Goldverbrauch!

Zu FAU heute:
'...option agreements were entered into with directors, officers, employees and consultants granting the right to purchase an aggregate of 3,230,000 shares at an exercise price of $0.43 per share for a five year period...'

So ne Betrügerbande! Auf Kosten der Aktionäre räumt man diesem Gesocks potentielle Gewinne ein. Einfach ur zum Kotzen!

Flack

[ooy]

Antwort auf Beitrag Nr.: 41.692.301 von Flack am 23.06.11 21:45:16

Bloedsinn, nur wenn sie den Kurs ueber 0,43 heben, und dann haben sie es verdammt nochmal auch verdient...

[Sheriff-von-Nottingham]

eben, ist doch gut für uns. So ein Manager wird sich ja nicht mit einem Cent pro Anteilsschein zufriedengeben - und bei 0,43 stehen wir ja im Moment

[Vitautas]

Ich wäre vorsichtig mit Fire River. Bedenkt mal, wieso hat der vorherige Besitzer die ganze Mine mit Verarbeitungsanlage praktisch verschenkt? Evtl. weil das Ganze nichts mehr wert ist?

Weiter nach unten graben geht nicht, da der Grundwasserspiegel erreicht ist. Vielleicht können sie noch etwas Tailings verarbeiten und Cash machen, aber dann ist wohl fertig lustig.

[zo9er]

Antwort auf Beitrag Nr.: 41.694.855 von Vitautas am 24.06.11 12:39:24

"Ich wäre vorsichtig mit Fire River. Bedenkt mal, wieso hat der vorherige Besitzer die ganze Mine mit Verarbeitungsanlage praktisch verschenkt? Evtl. weil das Ganze nichts mehr wert ist?"

Weil der Verkäufer in der letzten Krise in finanzielle Probleme geraten ist.


"Weiter nach unten graben geht nicht, da der Grundwasserspiegel erreicht ist. Vielleicht können sie noch etwas Tailings verarbeiten und Cash machen, aber dann ist wohl fertig lustig."

Ist das eine Behauptung oder eine Frage? Falls das eine Behauptung sein sollte: Woher weißt du, dass der Grundwasserspiegel bereits erreicht ist? Bitte um eine Quellenangabe. Danke.

[Flack]

Antwort auf Beitrag Nr.: 41.696.644 von zo9er am 24.06.11 17:02:54

Das mit dem Grundwasserspiegel wurde schon öfters diskutiert hier - mußt nur nach oben blättern, und Du wirst fündig werden!

Bzgl. Optionen: Wenn der Strike genügend hoch wäre, hätte ich auch nix gegen - aber nen Strike am aktuellen Kurs festzumachen ist Betrug am Eigentümer aka Aktionär. Und dann noch in diesen wahnsinnigen Stückzahlen! Betrügenbande!

Flack

[dontoto]

Antwort auf Beitrag Nr.: 41.698.364 von Flack am 24.06.11 22:24:05

Flack,

entschuldige mal, aber Ausdrücke wie "Betrügerbande", "Gesocks" etc. geht mir persönlich nur auf die Eier! Das ist wiedermal typisch "deutsch" und lässt stark vermuten, dass Du einer von der "engstirnigen" Sorte Mensch bist, der nicht das ganze Bild sehen kann.

Wie ich vor ein paar Tagen schon geschrieben hatte, wurde dieser Beschluss angekündigt und wenn Du ordentlicher Aktionär wärst (kann ich mir bei deiner andauernden negativen Schreibweise über Fire River nicht mal ansatzweise vorstellen), hättest Du nach Vancouver fliegen können und von deinem Stimmrecht Gebrauch machen können.

Die Optionen sind in Ordnung. Zum einen haben sie bei Ausübung eine Haltefrist, zum anderen bringen sie der Company Cash. Von mir aus können alle Optionen bei 1$ ausgeübt werden. Die Chance zum gleichen Kurs einzusteigen hat zur Zeit ja jeder - auch Du!

Persönliche Diffamierungen über Leute, die man nicht kennt, sollte man daher schon anstandshalber unterlassen.

Nichts für ungut!

[Denmi9]

hallo zusammen,

ich hoffe wir bekommen hier bald wieder news. am besten das die mühle läuft. denke das der goldpreis noch etwas weiter nach unten gedrückt wird. hoffe nur das fire river sich weiterhin gut hält.


ach, flack:

warum bist du hier eigendlich investiert wenn alles so schlecht ist?
oder bist du garnicht investiert, dann verstehe ich allerdings nicht warum du hier ständig schlechte stimmung machst?

habe auf der seite von fire river gelesen das angedacht wird weitere zukäufe zu tätigen, da man eher auf produktion und nicht auf exploration ausgerichtet ist. deshalb gehe ich davon aus das mit aller macht die produktion in alaska zum laufen gebracht wird und danach werden wir meiner meinung nach ein neues projekt präsentiert bekommen. ist natürlich nur meine meinung, wenn sie inerhalb der nächsten zwei monate nicht in produktion gehen sollten, dann werde ich mir weitere gedanken machen.

schönes wochenende!!

[Flack]

Antwort auf Beitrag Nr.: 41.698.681 von dontoto am 25.06.11 00:24:54

Seit wann 'bringen sie [Optionen] der Company Cash'?

Diese Optionen kosten der Company Cash. Und den Aktionären verwässern sie, falls ausgeübt, ihren Anteil an der Firma. Deswegen bleibe ich bei meiner Aussage bzgl. dem FAU-Management - und auch bei meiner Ausdrucksweise, denn dieses Management scheißt alle paar Monate seine eigenen Aktionäre an!

Flack

[dontoto]

Antwort auf Beitrag Nr.: 41.699.919 von Flack am 25.06.11 16:15:14

Wenn Du dein Gehirn mal mit einschalten würdest, könntest Du dir die Frage ganz einfach selbst beantworten.

Wenn die Optionen eingelöst werden, bekommt die Company Cash. Falls Du nicht weisst, was eine Option ist, kann ich dir das aber gerne noch einmal einfach darstellen und erläutern.

Eine Gesellschaft gibt an Mitarbeiter oder auch bei Private Placements Optionen sog. Warrants aus. Diese können zu bestimmten Kursen eingelöst werden. Jeder der solch einen Optionsschein hält kann nun in einem festgelegten Zeitraum diese Option einlösen und überweist den entsprechenden Betrag an die Kontonummer des Unternehmens was dann zwangsläufig zu einer Gutschrift auf der Unternehmensseite führt.

Sollten die Optionen nicht eingelöst werden, verfallen die Warrants und es werden dann natürlich auch keine Aktien ausgegeben was wiederum zu keiner "Verwässerung" führt.

Das Leben kann so einfach sein und dein letztes Posting hat dich endgültig disqualifiziert. Tue mir einen Gefallen und mach am besten ein weiteren Thread auf, in dem du deine geistige Ergüsse loswerden kannst.

[otimm99]

Antwort auf Beitrag Nr.: 41.704.902 von dontoto am 27.06.11 14:58:51

volle Zustimmung = 1 grüner Daumen von mir

[Flack]

Antwort auf Beitrag Nr.: 41.704.902 von dontoto am 27.06.11 14:58:51

Jaja, alles klar - FAU bohrt mittlerweile nicht nur nach Gold (natürlich konsequenterweise unter Wasser, denn alles Andere wäre auch viel zu trivial und letztlich zu billig im Abbau), nein, FAU bohrt nun auch schon nach Aktienoptionen - und wird tatsächlich fündig! Diese werden nach der Bergung natürlich völlig uneigennützig an die Nutznießer dieses Betrügersytstems verschenkt und sogar noch als Cashquelle dargestellt. Gehts noch perverser???

Jede solide Firma (damit ist FAU natürlich von vornherein ausgeschlossen!) muß Optionen auf seine eigenen Aktien von den Bankstern käuflich erwerben. Ist der Strike am aktuellen Aktienkurs, dann natürlich für viel Geld, das vorwiegend in die Taschen der Bankster wandert. Mit viel Glück auch einiges in die Taschen der Begünstigten. Der Aktionär ist IN JEDEM FALLE der Gearschte! Schönen Tach noch - der Aktienkurs von FAU gibt mir jedenfalls Recht!

Flack

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.707.882 von Flack am 28.06.11 00:04:26

der Aktienkurs von FAU gibt mir jedenfalls Recht!

Dein Post beweist : 0 Ahnung
Kein Bezug zu übergeordneten Zusammenhängen - einfach nur Scheuklappentechnik und drauflos meckern.
Volksschulniveau, durch deine ständigen Posts bestätigt.

Sag, denkst du in deinem normalen Leben auch so kleinkariert und nur deiner eigenen Philosophie folgend ???

Solltest du tatsächlich älter als 16 sein, so würde dir eine Nachschulung im Börsenbasiswissen wirklich nicht schaden.

Sorry, wenn das brutal rüber kommt, aber deine Darstellungen lassen einem keinen Interpretätationsspielraum.

Bist ein klarer Fall für die Ignoretaste, leider und hast dir selber zuzuschreiben.

Picker56

[Flack]

Antwort auf Beitrag Nr.: 41.707.990 von Picker56 am 28.06.11 01:42:31

Na, zumindest weiß ich, daß von FAU ausgegebene Optionen der Firma Geld kosten. Einige hier meinen, daß sie der Firma Geld bringen.

Wenn man dieses Basiswissen auf der Volksschule lernt - seis drum! Dann sterben die 'Hochgebildeten' halt in Dummheit.

Flack

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.709.604 von Flack am 28.06.11 11:23:59

Na, zumindest weiß ich, daß von FAU ausgegebene Optionen der Firma Geld kosten.

Ist ja klar, ein Unternehmen begibt Optionen um damit Geld zu verbrennen.

Oder eher doch um damit frisches Kapital einzusammeln ???

Oh Gott, wie dick muss das Brett vorm Kopf sein.

Picker56

[Flack]

Antwort auf Beitrag Nr.: 41.709.830 von Picker56 am 28.06.11 11:48:49

Sorry, eine Firma vergibt halt Optionen, um seine 'Günstlinge' (und die Bankster) auf Kosten der Aktionäre bei Laune zu halten....

Wenn die Firma hingegen Geld einnehmen will, begibt sie Aktien.

Den Unterschied zwischen Optionen und Aktien lernt man zwar nicht auf der Volksschule - aber dieses Wissen habe ich mir anderweitig angeeignet!

Viele Grüße,
Flack

[otimm99]

Zitat von Flack: Den Unterschied zwischen Optionen und Aktien lernt man zwar nicht auf der Volksschule - aber dieses Wissen habe ich mir anderweitig angeeignet!

Vermutlich aus dem Wirtschaftsteil der Bild-Zeitung.

[typeonegative]

Zentralbanker erwarten Ende des Dollar-Zeitalters

Die Tage des Greenback als weltweite Reservewährung könnten gezählt sein. An seine Stelle dürfte nach Ansicht von Zentralbankern und Staatsfondsmanagern ein Währungskorb treten - und Gold.

weiter: http://www.ftd.de/finanzen/maerkte/anleihen-devisen/:devisen…

[Flack]

Antwort auf Beitrag Nr.: 41.711.657 von otimm99 am 28.06.11 16:49:25

Egal wo - aber besser, man kennt den Unterschied, als daß man ihn nicht kennt!

Kennt man ihn nämlich nicht, fällt man auf so ausgesprochen irreführende Argumente wie 'FAU verdient an der Ausgabe von Optionen [an seine Günstlinge]' rein.

Flack

[dontoto]

Antwort auf Beitrag Nr.: 41.713.390 von Flack am 28.06.11 22:56:41

Du willst und wirst es nicht lernen.

Du erinnerst mich an diesen sagenhaften Typen hier im Board, der vor Jahren fragte, wie denn seine in Hamburg gekauften Aktien nach Frankfurt kommen und ob der Makler jedesmal mit dem Auto dorthin fahren muss...

Mach weiter so, vielleicht wirst Du dann auch bald so eine "Legende". In dieser Beziehung finde ich DIch richtig amüsant, aber wirklich nur in dieser Beziehung. Fachlich hast Du dich ja bereits mehrfach disqualifiziert...

in diesem Sinne...

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.713.390 von Flack am 28.06.11 22:56:41

Kennt man ihn nämlich nicht, fällt man auf so ausgesprochen irreführende Argumente wie 'FAU verdient an der Ausgabe von Optionen [an seine Günstlinge]' rein.

Kannst du oder willst du nicht begreifen, dass, wie dieses Posting wieder zeigt, du tatsächlich keine Ahnung hast.

Kann dir nur empfehlen zu Sparbuch und Bausparvertrag zurück zu kehren, der Aktienmarkt scheint nicht das richtige Parkett für dich zu sein.
Hätte den positiven Nebenaspekt, dass der Thread nicht mehr mit solchen Unsinn zugemüllt werden würde.

Dies ist mein letztes Posting auf den User Flack --> Ignoretaste

Picker56

[Flack]

Antwort auf Beitrag Nr.: 41.713.648 von Picker56 am 29.06.11 00:26:57

Na irgendwie scheinen mir diejenigen falsch positioniert zu sein, die am Aktienmarkt inVestieren wollen, wo doch FAU nichts anderes produziert als Meldungen über Aktienoptionsprogramme, Benennung von unproduktiven Direktoren, Bohrergebnissen im Zentimeterbereich [alle natürlich unter Grundwasserspiegel] und andere Kuriositäten.


Wie war das nochmal mit der Aufnahme der Produktion im Juni (natürlich aus dem Abwasserteich, passend zu den anderen eher maritim anmutenden Aktivitäten von FAU ?) - noch nix davon gehört. Könnte aber gut sein, daß die erste Unternehmensmeldung zu diesem Thema gekoppelt sein wird mir der nächsten Ausgabe von (wievielen Millionen zusätzlichen) Optionen an die übliche Begünstigten!

Warten wirs einfach mal ab. Picker56 kann ja in der Zwischenzeit ganz entspannt die Ignore-Taste drücken....


FLACK

[typeonegative]

Antwort auf Beitrag Nr.: 41.726.451 von Flack am 30.06.11 22:29:59

Weis eigentlich Deine Mami, dass Du an Ihrem PC spielst? Jetzt aber schnell ins Bett kleiner, bevor sie Dich erwischt...

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.726.538 von typeonegative am 30.06.11 22:56:02

Hat der Komiker wieder nen Schwachsinn gepostet ??
Kann es Gott sei Dank nicht lesen.

Verstehe nicht warum der immer noch hier ist. Hat absolut nichts Sachliches beizutragen und merkt nicht, dass ihn ohnehin keiner für voll nimmt.

Picker56

[dontoto]

Anbei die Zahlen und dazugehörige Diskussion des Managements für das 1. Quartal mit Ende 30. April. Zu finden unter

www.sedar.com

Die Cashposition ist mit knapp 15 Millionen CAD gut besetzt und gibt genügend Luft bis zur ersten Produktion.

Lohnt sich wirklich alles mal komplett und in Ruhe durchzulesen, auch für unser "Superhirn" Flack. Da wirst Du auch erkennen, dass die meisten Optionen verfallen werden, wenn nicht mindestens ein Preis von 0,75$ erzielt wird und bei 0,75$ bin ich dank gezielter Nachkäufe dick im Plus. Im PDF-Format sind auch noch einige Bilder und Tabellen zu sehen, die hier rausgefallen sind.

Viel Spaß beim Lesen!

FORM 51-102F1 INTERIM MANAGEMENT DISCUSSION AND ANALYSIS FOR FIRE RIVER GOLD CORP.
FOR THE SIX MONTH PERIOD ENDED 30 APRIL 2011
MANAGEMENT DISCUSSION AND ANALYSIS
The following discussion and analysis is Management’s assessment of the results and financial condition of Fire River Gold Corp. (the “Company” or “FAU”) for the period ended 30 April 2011 and should be read in conjunction with the interim consolidated financial statements and the related notes. The date of this Management Discussion and Analysis is 28 June 2011. Additional information on the Company is available on SEDAR at www.sedar.com.
BUSINESS OF FIRE RIVER GOLD CORP.
Fire River Gold Corp. is a near term production company with a superior technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded gold mine with past production values averaging 39 g/t (1.14 ounces per ton (“opt”)). Facilities at the Nixon Fork Gold Mine include a 200 tpd flotation plant with a gravity gold separation circuit and a sulphide flotation circuit. In 2008, a CIL gold leaching circuit was purchased and approximately 60% installed. The mine also includes a fleet of mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip. Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits.
FORWARD LOOKING STATEMENTS
Certain information included in this discussion may constitute forward-looking statements. Forward- looking statements are based on current expectations and entail various risks and uncertainties. These risks and uncertainties could cause or contribute to actual results that are materially different than those expressed or implied. The Company disclaims any obligation or intention to update or revise any forward- looking statement, whether as a result of new information, future events, or otherwise.
Project Overview: DRAKEN PROPERTY
The first acquisition for the Company was the Draken Project. The property is located in southeast-central Alaska, approximately 288km southeast of Fairbanks, Alaska, and approximately 61km west of the Canadian border.
The property is located in the Yukon-Tanana lithotectonic terrane, a Paleozoic terrane of largely continental affinity. In easternmost Alaska this terrane is bounded by major northwest-trending, dextral strike-slip faults, including the Tintina fault to the north and the Denali fault to the south. The terrane is dissected by a large number of major northeast-trending, high angle faults with significant dip slip displacements which has effectively created a block faulted tectonic regime. This movement has jostled mineral deposits with different metallogenies and other characteristics.
Known mineralization within the Draken property consists of polymetallic sulfide-quartz vein mineralization with anomalous Ag-Au-Bi-As-Cu-Pb-W-U. This type of mineralization is documented at the Silver Lining prospect, located on the west portion of the property, as well as the Two Mile prospect just north of the property. Host rocks for the polymetallic veins dominantly consist of massive hornblende-biotite quartz monzonite. Government geologists have documented porphyry style Cu-Mo-Au mineralization at the Two Mile prospect and other occurrences nearby (Singer and others, 1976). Potential for pegmatite- or vein- hosted U-Th-REE mineralization is also noted. Previous workers conducted a radiometric survey indicating anomalous radioactivity associated with the ring dike zone. A sample collected approximately 200m east of the property and within the ring dike complex contained highly anomalous U-Nb-F-REE.
The Company is seeking joint venture partners to fund the development of this project.
GOLDEN ZONE PROPERTY
On 22 June 2009, the Company signed a Letter Agreement with Hidefield Gold PLC, Hidefield Gold (Alaska) Inc. and Mines Trust Company as Optionors of the Golden Zone Project, whereby the Company will have an option to acquire 100% interest in the Project located in Alaska, USA.
The Golden Zone Project is located 240 km north of Anchorage, Alaska on the south flank of the Alaska Range and is road accessible. In 2009, the Company completed a US$250,000 exploration program which consisted of trenching and mapping that will assay for gold, silver and copper.
In March of 2010 FAU notified its partners that it was not pursuing its option on the Golden Zone Project. There are no outstanding commitments, financial or otherwise, on this project.
KANSAS CREEK GOLD PROJECT
On 19 June 2008, the Company signed an agreement to acquire a 100% interest from Anglo Alaska Gold Corp. (“AAGC”) certain mineral claims referred to as the Kansas Creek Project. In consideration, the Company paid an aggregate of US$40,000 and will also issue an aggregate of 250,000 common shares (200,000 shares issued and 50,000 shares upon first transfer of property to a third party). The property is subject to a 1.5% net smelter return royalty (“NSR”) of which the Company may purchase 1.0% of the 1.5% NSR from the Vendor in consideration for a cash payment of US$1,000,000 in which case, the Vendor shall retain 0.5% NSR royalty.
The Kansas Creek Project is located in the Bonnifield District of the central Alaska Range in central- interior Alaska approximately 110km south of Fairbanks, Alaska and 70km east of Healy, Alaska. The Project consists of 28 State of Alaska mining claims covering a 16.8 sq. km area. Placer gold was discovered in the district in 1906 and approximately 80,000 ounces of gold have been recovered from alluvial deposits through 2008. The Company’s objective is to explore the project for lode gold potential. A
three phase program totalling over US$1.0 million has been recommended. The Company is currently seeking joint venture partners to fund the development of the Kansas Creek project.
NIXON FORK GOLD MINE
On 22 September 2009, the Company finalized the acquisition of 100% interest in the Nixon Fork Gold Mine from Pacific North West Capital Corp. ("PFN") through the purchase of Mystery Creek Resources, Inc, located 56 km northeast of McGrath, Alaska.
Under terms of the Agreement;
 The Company paid US$50,000 on signing of the letter agreement  The Company paid further US$450,000 over a six (6) month period  Issued a total of US$2.5 million in Company’s shares at a deemed price of $0.45 per share. In
addition (1) million share purchase warrants at an exercise price of $0.50 for a period of 24
months from the date of issue  The Company refunded $773,766, expenses incurred by PFN from 1 May until 22 September
2009
As a former high-grade gold mine, the Nixon Fork Gold Mine produced approximately 175,000 ounces of gold at an average grade of 39 grams per tonne (“g/t”) (1.14 opt). This turn-key, mining-milling project is a fully operational mining facility that includes a 200+tpd flotation plant with a gravity gold separation circuit. In 2008, a complete carbon-in-leach (“CIL”) gold recovery circuit was designed and purchased with approximately 60% installed to date. The mine also includes a fleet of mining vehicles, a self-contained diesel power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip. Mining and processing operations at Nixon Fork are fully permitted and bonded.
Results of a Preliminary Economic Assessment (PEA) performed by Snowden Mining Industry Consultants Inc. ("Snowden") evaluating the resumption of underground mining at the Nixon Fork Gold Mine:
Current Company Activity
At present the company is engaged in three primary activities at the Nixon Fork Mine Site:
 Preparing the mine for the eventual resumption of mining operations, including: rehabilitating underground excavations, rebuilding the mine mobile equipment, re- establishing or enhancing mine services and facilities, ordering additional mining equipment for production, and preparing a detailed mine plan
 28,000 metre exploration and definition drilling to expand resources and support the detailed mine plan
 Construction of a 250 tpd cyanidation circuit in the mill for the recovery of gold from existing and future post-gravity / post- flotation tailings
Scope of this Study:
This PEA focuses on the resumption of underground mining and processing with a production rate of 150 tpd. The mineral inventories in this report are based on the most current resource estimate (Giroux, 2010), which do not include the results of ongoing ore definition and exploration drilling performed in 2010 and 2011. At the direction of FAU, this study focuses on the first two years of mining, though the resources are not depleted during this period.
Details from the Study:
Geotechnical Evaluation: Stability analyses were performed based on underground mapping and core logging by Dr. Walter Keilich of Snowden. Final recommendations for the Crystal Mine included bolting patterns for all development and stoping areas (normally 1.8 m bolts on 1.2 to 1.3 m spacing), as well as a recommendation to cable bolt sublevel open stope walls.
Mining Methods: Three mining methods were identified as suitable for the mining zones: longhole open stoping, cut-and-fill, and shrinkage. Cut-off grades (COG) of between 12.5 g/t and 20 g/t were determined, based on mining and access costs. Most stopes were assessed at a COG of 15 g/t.
Underground Development: Access development was designed at a uniform profile of 4.0mH x 4.0mW, with a maximum gradient of 15% applied to ramps. Conceptual development was generated to access all
Table 6: Potentially Economic Mineral Inventories
stoping blocks, with a total requirement of 1,914 m estimated to service the two-year production plan, an average of 82 m per month.
Mineral Inventory: A potentially economic inventory of 101,249 tonnes grading 30.2 g/t was generated for three mining areas, as shown in Table 6.
Mining to Depth: Approximately 50% of the mineral inventory is at depth in the Crystal Mine. At present this is a zero-discharge operation. The water table has not been defined at present. The mine is quite dry with inflows of <1.0 l/s, though the water level at the bottom of the mine is known to fluctuate seasonally by as much as 6 vertical metres. The Company has several plans in place to facilitate mining to depth, including the installation of dammed reservoirs in the mine to contain mine water, recycling mine water for drill requirements, using spraying misters to evaporate excess water.
Production Forecast: A processing rate of 150 tpd or 4500 tonnes per month was assumed for the duration of the two-year production forecast. In general two to four stoping areas are assumed to be active at a time. The forecast was prepared with a “high grade early” strategy. During the first year, mining only occurs in the 3000 and 330 zones of the Crystal Mine. The Mystery Mine begins production in the 18th month.
Table 7: Project Forecast – Material Movement and Feed Grades
Metallurgy and Processing: Gold recovery assumptions were based on historical performance for gravity and flotation circuits and the results of the August 2010 PEA for cyanidation. An allowance was included for incremental improvement of total recovery through start-up, from 90% on commissioning to 95% as the assumed maximum recovery.
Capital Requirement: The capital requirement for the Project is low, as shown in Table 8, because of the extensive existing infrastructure, facilities, and mobile equipment at site. The primary requirement is working capital, comprising 60% of the estimated capital requirement. Annual sustaining capital was included at 2.5% of the start-up capital requirement.
Table 8‐ Estimation of Capital Requirement
Operating Costs: Over the two-year duration of this study, operating costs have been estimated to average $/oz or $/tonne, broken out by category as follows:
Financial Model: Three gold prices were used: $1,033/oz, representing a three year average price, $1,200/oz, the “Base Case” price requested by FAU, and $1500/oz representing an optimistic case. The results of the analysis are shown in Table 10.
No revenues were included for copper or silver, though the operation has received payment for both metals in the past. This was due to lack of support for a resource estimate for these two metals. The payback period is estimated at 3 months for all cases. The short duration is a direct result of the low capital requirement.
Table 9: Average Operating Costs by Category for Two Year Plan
Table 10: Summary of Financial Model for Two Year Plan
Gold price ($US/tOz) Item Units 1,033 1,200 1,500
Undiscounted cash flow $USM NPV @ 5% discount $USM
IRR % Payback period Months
47.8 64.3 93.6 45.3 60.9 88.9 462 549 853 4 3 3
Sensitivity analyses were performed over the range of -25% to +25% of the base case assumptions for gold price/process recovery, development costs, development capacity, process and G&A costs, and underground production costs.
As shown in, the project is most sensitive to the gold price.
Figure 1: Sensitivity Analyses for Two Year Plan
Conclusions: Snowden has determined that there is potential for profitable operations from the first 24 months of production at the Nixon Fork Mine based on the most current resource estimate (Giroux, 2010). The base case of $1,200/oz Au returns an undiscounted cash flow of $64.3 M and an IRR of 549% for this two year plan.
Recommendations:
Snowden makes the following recommendations:
1. A substantial exploration program should be maintained to replace mineral reserves on an annual basis
2. Ongoing work is required to accurately determine depletion of resources by prior mining campaigns
3. Definition drilling should be ongoing to upgrade the resources to Measured or Indicated prior to completing a prefeasibility study
4. One of the principal drivers of the high cut-off grade is the processing rate, and a mill expansion should be evaluated. The mineral inventory at a lower cut-off grade of 10 g/t is almost double that at 15 g/t
5. FAU should proceed with its plans to define and control the moderate inflows of ground water
Use of this Study:
In September 2010, the Company completed a PEA that assessed the viability of completing a cyanidation circuit for the purpose of recovering gold from an existing tailings pond (refer to press release dated 29 September 2010) and increase overall gold recovery from future mining. Construction of the cyanidation circuit began in January 2011 and is projected to be complete and operational by summer 2011. This study does not incorporate the resources contained in the historic tailings pond (Indicated: 92,000 tonnes @ 7.9 g/t; inferred 48,000 tonnes @ 7.4 g/t) nor does it include the financial benefit of recovering the gold from these tailings through the cyanidation circuit, as defined in the September 2010 PEA.
The Company will combine the results of the two PEAs as components of an internal operational mine plan, modelling the financial results obtained from mining 150 tpd from the underground and operating the cyanidation circuit at 250 tpd with supplemental feed from the historic tailings pond for six months of the year.
The Company is well funded, with $13.8 M CAD in its treasury (as at 9 February 2011), and estimates that the current funding will complete the construction of the cyanidation circuit, provide the start up capital for the mine, and sustain ongoing company G&A costs through the production ramp up period. However, FAU will be seeking to make available additional sources of funding of up to $10M to act as a contingency to supplement working capital needs for the transition from development to production, and to expand the exploration program.
As a result, the Company is pursuing alternative methods of financing such as a line of credit, off take agreement, gold loan and/or additional equity.
This assessment is preliminary in nature and includes the assessment of Inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as Mineral Reserves. There is no certainty that the evaluation reported in this preliminary assessment will be realized.
The key findings of the study are as follows:
 The current resource is sufficient to sustain a two year production forecast at a production rate of 150 tonnes per day with an average mined grade of 30.1 g/t using an average cut-off grade of approximately 15 g/t
 The mineral inventories in this report are based on the most current resource estimate (Giroux, 2010), which do not include the results of ongoing definition and exploration drilling performed in 2010 and 2011. At the direction of FAU, this study focuses on the first two years of mining, though the resources are not depleted during this period
 Capital costs to resume production are estimated to be $6.3 M with a projected payback of 3 months
 Operating costs are estimated at $434/t or $447/oz for the first two years of operations  At a gold price of $1200 per oz Au, the project delivers an IRR of 549% and NPV of
$60.9M on an undiscounted cash flow of $64.3M over the first two operating years
Ball Mill Clean Up
Approximately 513 kg of material was removed from behind the liners of the ball mill. This material is comprised of ground ore from previous mining operations, steel fragments from liner wear and worn down milling balls. A total of 900.5 ounces of gold was recovered from 373 kg of this material. The remaining 140 kg of material is comprised of steel balls and the coarsest fraction of the mined ore. The gold content in this remaining material is not known at present. An aggregate of $1,130,137 was generated and recovered from this mill clean up program.
Selected quarterly financial information
The following selected financial information is derived from the unaudited consolidated financial statements of the Company prepared in accordance with Canadian generally accepted accounting principles (“GAAP”).
30 Apr.
31 Jan.
31 Oct.
31 Jul.
2011
2011
2010
2010
$ 30,755
$ 18,417
$ 102,400
$ 254,564
(755,765)
(1,276,912)
(585,180)
(295,338)
(0.01)
(0.02)
(0.01)
(0.01)
37,875,005
29,941,993
22,009,859
23,014,144
T otal revenues
Net loss Net loss
per share
T otal assets
RESULTS OF OPERATIONS
Six months ended 30 April 2011
For the Quarters Ended (unaudited)
30 Apr. 31 Jan. 31 Oct. 31 Jul. 2010 2010 2009 2009
$ 2,262 $ 22,639 $ 5,789 $ 2,617
(724,361) (0.02)
(843,920) (0.03)
(514,443) (0.07)
(232,539) (0.153)
13,834,464 13,925,936 12,291,127 2,098,602
Net loss and comprehensive loss for the six months ended 30 April 2011 was $ 2,131,272 as compared to $1,301,604 for the same period in 2010. The Company is in the process of acquiring, exploring and developing mineral properties in Alaska. The Company will attempt to bring the properties to production. The Company has not generated any revenue since inception. The increase in loss of $829,668 was mainly attributable to:
1. An increase of $500,095 in consulting fee from $292,445 in 2010 to $792,540 in 2011, due to increased activity in the Company’s private placement financings and other new programs;
2. An increase of $438,200 in stock-based compensation, from $154,080 in 2010 to $592,280 in 2011, due to the issuance of new stock options to employees and consultants;
3. An increase of $144,848 in reclamation and accretion expense, from $NIL in 2010 to $144,848 in 2011, due to increased reclamation and closure costs;
4. A decrease of $14,380 in corporate development expense from $79,768 in 2010 to $65,388 in 2011;
5. A decrease of $62,830 in filing fees, from $89,683 in 2010 to $26,853 in 2011;
6. A decrease of $53,717 in insurance expense from $65,883 in 2010 to $12,166 in 2011, due to timing of expense recognition. A total of $12,673 is included in prepaid expenses as at October 31, 2010;
7. A decrease of $132,730 in legal, from $138,249 in 2010 to $5,519 in 2011, due to Nixon Ford Mine title search prepared and brokered private placements with Lowen, Ondaatje, McCutcheon Limited, M Partners Inc. and Macquarie Capital Markets Canada Inc. in the previous year; and
8. A decrease of $27,509 in rent, from $40,291 in 2010 to $12,782 in 2011, due to charging the expense directly to the Nixon Fork Mine Project in Alaska.
LIQUIDITY AND CAPITAL RESOURCES
At 30 April 2011, the Company’s working capital, defined as current assets less current liabilities, was $15,487,147 compared with working capital of $8,051,140 at 31 October 2010. During the six month period, the Company purchased mining equipment amounting to $3,529,208.
OFF-BALANCE SHEET ARRANGEMENTS
The Company has no off-balance sheet arrangements.
CRITICAL ACCOUNTING ESTIMATES
The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates used in the preparation of these consolidated financial statements include, amongst other things, depreciation, determination of net recoverable value of assets, determination of fair value on taxes, and share compensation. These estimates are reviewed periodically (at least annually), and, as adjustments become necessary, they are reported in earnings in the period in which they become known.
A detailed summary of all of the Company’s significant accounting policies is included in Note 1 of the consolidated financial statements for the period ended 30 April 2011.
FINANCIAL INSTRUMENTS - RECOGNITION AND MEASUREMENT
Section 3855 requires that all financial assets and financial liabilities be measured at fair value on initial recognition except for certain related party transaction. Financial instruments classified as held-for-trading are measured at fair value and unrealized gains and losses are included in the net income in the period in which they arise. The Company has historically measured these instruments at the lower of cost and market value and any unrealized gains or losses have been included in net income.
COMPREHENSIVE INCOME
Section 1530 introduces other comprehensive income (loss). Comprehensive income (loss) includes both net earnings (losses) and other comprehensive income. Other comprehensive income (loss) includes holding gains and losses on available-for-sale investments, gains and losses on certain derivative instruments and any foreign currency gains and losses relating to self-sustaining foreign operations where applicable, all of which are not included in the calculation of net earnings (loss) until realized. The only impact on the Company of adopting these new standards was the recognition of unrealized gains and losses on investments, which has been included as part of shareholders' equity under "Other Comprehensive Loss". As required by the prospective implementation of these new standards, the comparative consolidated financial statements have not been restated.
FINANCIAL INSTRUMENTS AND OTHER INSTRUMENTS
The Company’s consolidated financial instruments consist of cash and cash equivalents, amounts receivable, accounts payable and due to related parties. These fair value estimates are subjective in nature and involve uncertainties and matters of significant judgment, and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect these estimates. The Company does not hold or issue financial instruments for trading purposes, nor does it utilize derivative instruments in the management of foreign exchange, commodity price or interest rate market risks.
a) Credit Risk
Credit risk is the risk of an unexpected loss if a customer or counterparty to a financial instrument fails to meet its contractual obligations and arises primarily from the Company’s cash and cash equivalents and amounts receivable. The Company manages its credit risk relating to cash and cash equivalents by dealing only with highly-rated Canadian financial institutions. As at 30 April 2011, amounts receivable were comprised of Harmonized Sales Tax receivable of $213,306 and interest receivable of $21,035. As a result, credit risk is considered insignificant.
b) Liquidity Risk
Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they fall due. The Company manages liquidity risk by continuously monitoring actual and projected cash flows and matching the maturity profile of financial assets and liabilities. As the Company’s financial instruments are substantially comprised of cash and cash equivalents, liquidity risk is considered insignificant.
c) Currency Risk
The Company is exposed to currency risk on its acquisition and exploration expenditures on its US properties since it has to convert Canadian dollars raised through equity financing in Canada to US dollars. The Company’s expenditures will be negatively impacted if the US dollar increases versus the Canadian dollar.
The majority of the Company’s cash flows and financial assets and liabilities are denominated in Canadian dollars, which is the Company’s functional and reporting currency. Foreign currency risk is limited to the portion of the Company’s business transactions denominated in currencies other than the Canadian dollar. The Company has cash and cash equivalents held in US dollars.
The Company’s objective in managing its foreign currency risk is to minimize its net exposures to foreign currency cash flows by holding most of its cash and cash equivalents in Canadian dollars. The Company monitors and forecasts the values of net foreign currency cash flow and balance sheet exposures and from time to time could authorize the use of derivative financial instruments such as forward foreign exchange contracts to economically hedge a portion of foreign currency fluctuations.
The following tables provide an indication of the Company’s significant foreign currency exposures during the period ended 30 April 2011:
Cash and cash equivalents
30 April 2011 31 October 2010
US$ 7,419,323 US$ 3,026,978
The Company receives interest revenues denominated in US dollars on the financial assets denominated in US dollars. However, the Company does not currently view this exposure as a significant foreign exchange risk as the amount of revenue is not significant.
The Company has not, to the date of these consolidated financial statements, entered into derivative instruments to offset the impact of foreign currency fluctuations.
d) Interest Risk
The Company’s interest rate risk is primarily related to the Company’s cash and cash equivalents for which amounts were invested at interest rates in effect at the time of investment. Changes in market interest rates affect the fair market value of the cash and cash equivalents. However, as these investments come to maturity within a short period of time, the impact would likely not be significant.
e) Commodity Price Risk The Company is in the exploration stage and is not subject to commodity price risk.
INTERNATIONAL FINANCIAL REPORTING STANDARDS
In January 2006, the Canadian Accounting Standards Board adopted a strategic plan, which includes the decision to move financial reporting for Canadian publicly accountable enterprises to a single set of globally accepted standards, IFRS, as issued by the International Accounting Standards Board. The effective implementation date of the conversion from Canadian generally accepted accounting principles (“Canadian GAAP”) to IFRS is 1 November 2011, with an effective transition date of 1 November 2010 for financial statements prepared on a comparative basis. The Company is engaged in an assessment and conversion process which includes consultation with external consulting firms. The Company’s approach to the conversion to IFRS includes three phases.
 Phase one, an initial general diagnostic of its accounting policies and Canadian GAAP relevant to its financial reporting requirements to determine the key differences and options with respect to acceptable accounting standards under IFRS. This phase was completed in late 2009.
 Phase two, an in-depth analysis of the IFRS impact in those areas identified under phase one. During 2010, the Company substantially completed assessing and quantifying IFRS transition adjustments. The Company’s auditors are in the process of completing their review of these adjustments. A summary of this analysis is provided in Table 2 below.
 Phase three, the implementation of the conversion process, including the completion of the opening balance sheet as at 1 November 2010 together with related discussion and notes, has commenced. Preliminary drafts of financial statement disclosures have been prepared in order to ensure systems are in place to collect the necessary data; to date no significant changes to current procedures have been identified.
The Company’s IT accounting and financial reporting systems are not expected to be significantly impacted.
The above comments, including the summary in Table 2, should not be considered as a complete and final list of the changes that will result from the transition to IFRS as the Company intends to maintain a current and proactive approach based on changes in circumstances and no final determinations have been made. IFRS standards, and the interpretation thereof, are constantly evolving. As a result, the Company expects there may be new or revised IFRS accounting standards prior to the issuance of its first IFRS financial statements. The Company is continuing to monitor IFRS accounting developments and updates and will assess their impact in the course of its transition process to IFRS.
Table 2. Summary of financial statements impact on transition from Canadian GAAP to IFRS.
Key Area
Canadian GAAP (as currently applied)
IFRS
Analysis and preliminary conclusions
Property, plant and equipment (“PP&E”)
PP&E is recorded at historical cost.
Depreciation is based on their useful lives after due estimation of their residual values.
PP&E can be recorded using the cost (on transition to IFRS, the then fair value can be deemed to be the cost) or revaluation models.
Depreciation must be based on the useful lives of each significant component within PP&E.
PP&E will continue to be recorded at their historical costs due to the complexity and resources required to determine fair values on an annual basis.
Based on an analysis of PP&E and its significant components, the Company has determined that no change to their useful lives is warranted and, therefore, depreciation expense will continue to be calculated using the same rates under IFRS.
Mineral properties
Exploration, evaluation and development costs are capitalized when incurred. They are amortized on the basis of production or written off when the prospect is no longer deemed prospective or is abandoned.
IFRS 6 provides the Company with the option of expensing the exploration and evaluation costs as incurred, or deferring these costs until technical feasibility and commercial viability has been determined, at which point they are transferred to the development and production phase and allocated to specific projects.
The existing accounting policy will be maintained.
Asset retirement obligations (“ARO”)
Canadian GAAP limits the definition of ARO to legal obligations.
ARO is calculated using a current credit- adjusted, risk-free rate for upward adjustments, and the original credit- adjusted, risk-free rate for downward revisions. The original liability is not adjusted for changes in current discount rates.
IFRS defines ARO as legal or constructive obligations.
ARO is calculated using a current pre-tax discount rate (which reflects current market assessment of the time value of money and the risk specific to the liability) and is revised every reporting period to reflect changes in assumptions or discount rates.
The broadening of this definition will not cause a significant change in the Company’s current estimates.
The Company expects to record a transition adjustment. In accordance with IFRIC 1, the effect of any changes to an existing ARO as a result of changes in market interest rates is added to or deducted from the cost of the related asset.
Key Area
Canadian GAAP (as currently applied)
IFRS
Analysis and preliminary conclusions
IFRS requires that, on transition, the net book value of the asset related to ARO be adjusted on the basis of the ARO balance existing at inception.
The Company will rely on the IFRS 1 exemption which allows a company to use current estimates of future reclamation costs and current amortization rates to determine the net book value on transition to IFRS.
Impairment of long lived assets
Impairment tests of its long-term assets are considered annually based on indications of impairment.
Impairment tests of “cash generating units” are considered annually in the presence of indications of impairment.
Assets will continue to be grouped under the Company’s various mining operations. Currently, there are no indications of impairment and, therefore, no impairment test has been performed.
Stock-based compensation
The Company recognizes stock-based compensation on straight line method and updates the value of the options for forfeitures as they occur.
The Company included stock-based compensation in contributed surplus and previously recognized compensation cost is not reversed if a vested employee stock option expires unexercised.
Under IFRS, stock-based compensation is amortized under the graded method only. In addition, the Company is required to update its value of options for each reporting period for expected forfeitures.
IFRS does not preclude the Company from recognizing a transfer of compensation costs within equity (i.e. from contributed surplus to deficit) after vesting.
The Company will record an IFRS income statement and balance sheet adjustment at 1 November 2010. The Company will rely on the IFRS 1 exemption and apply IFRS for stock options granted on or after 2 November 2002 and did not vest before the transition date.
The Company does not intend to transfer stock-based compensation expense included in contributed surplus to another component of equity.
The above assessment and conclusions are based on the analysis completed by the Company as of the date of this report and may be subject to change.
The quantification of the amounts that resulted from the differences between Canadian GAAP and IFRS relating to the key standards are based on management’s estimates and decisions, and are subject to further internal review and audit by the Company’s external auditors.
RELATED PARTY TRANSACTIONS
During the period ended 30 April 2011, the following related party transactions took place:
During the period ended 30 April 2011, the Company paid or accrued $218,474 to Pacific North West Capital Corp. (“PFN”), a company related to the Company by way of directors in common, for general operating expenses (30 April 2010 – $142,445).
During the period ended 30 April 2011, the Company paid or accrued consulting fees of $130,955 (30 April 2010 - $70,493) to Richard Goodwin, former Vice President of Mining of the Company and the new President and COO.
During the period ended 30 April 2011, the Company paid or accrued consulting fees of $60,000 (30 April 2010 - $5,500) to Onestar Consulting Inc., a company owned by the Vice President of Business Development of the Company.
During the previous year, the Company reimbursed $773,766 for exploration expenditures, to PFN, a company related by way of directors in common, on signing of the letter agreement for the acquisition of the Nixon Fork Mine from PFN. As part of the acquisition process, the Company also exercised its option to purchase a 100% interest in Mystery Creek Resources, Inc. (“MCR”). MCR’s assets include the Nixon Fork Gold Mine, located 56 kilometers northeast of McGrath, Alaska.
OUTSTANDING SHARE DATA
The Company is authorized to issue unlimited common shares without par value. As at 30 April 2011, there were 98,685,023 outstanding common shares compared to 59,821,490 outstanding shares at 31 October 2010.
Private Placements
On 21 May 2009, the Company completed its IPO of an aggregate of 1,543,100 units at $0.30 for gross proceeds of $462,930. Each Unit consisted of one common share of the Company and one-half of one common share purchase warrant, with each whole warrant entitling the holder thereof to purchase an additional common share of the Company at a price of $0.40 per share until 21 May 2011.
Haywood Securities Inc. (“Haywood”) acted as agent in connection with the IPO. In consideration for its services, Haywood received: (i) a cash commission in the amount of $46,293, representing 10% of gross proceeds of the offering; (ii) a work fee of $17,500 plus GST; and (iii) was granted 154,310 non- transferable Agent's Warrants. Each Agent’s Warrant entitles the holder to purchase one unit (the “Agent’s Unit”) exercisable on or before 21 May 2011 at an exercise price of $0.30 per Agent’s Unit. Each Agent’s Unit consists of one common share and one-half of one share purchase warrant exercisable at a price of $0.40 per share on or before 21 May 2011.
On 27 July 2009, the Company completed the first tranche closing pertaining to its non-brokered private placement and has issued 4,934,044 units at $0.30 per unit for gross proceeds of $1,480,213. Each unit consisted of one common share in the capital of the Company and one-half of one share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share of the Company for a period of eighteen (18) months from the date of issue at an exercise price of $0.40 per share. In connection with this first tranche closing the Company has paid an aggregate of $41,709 as a finder’s fee.
On 16 September 2009, the Company completed the second tranche closing pertaining to its non- brokered private placement and issued 1,973,673 units at $0.30 per unit for gross proceeds of $592,102. Each unit consisted of one common share in the capital of the Company and one-half of one share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share of the Company for a period of eighteen (18) months from the date of issue at an exercise price of $0.40 per share. In connection with this second tranche closing the Company has paid an aggregate of $22,035 as a finder’s fee.
On 29 September 2009, the Company completed the third tranche closing pertaining to its non-brokered private placement and issued 2,464,000 units at $0.30 per unit for gross proceeds of $739,200. Each unit consisted of one common share in the capital of the Company and one-half of one share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share of the Company for a period of eighteen (18) months from the date of issue at an exercise price of $0.40 per share. In connection with this third tranche closing the Company has paid an aggregate of $49,644 as a finder’s fee.
On 22 October 2009, the Company completed the fourth tranche closing pertaining to its non-brokered private placement and issued 3,264,039 units at $0.30 per unit for gross proceeds of $979,212. Each unit consisted of one common share in the capital of the Company and one-half of one share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share of the Company for a period of eighteen (18) months from the date of issue at an exercise price of $0.40 per share. In connection with this fourth tranche closing the Company has paid an aggregate of $27,385 as a finder’s fee.
On 10 November 2009, the Company completed the fifth and final tranche closing pertaining to its non- brokered private placement and issued 438,000 units at $0.30 per unit for gross proceeds of $131,400. Each unit consisted of one common share of the Company and one-half of one share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share of the Company for a period of 18 months from the date of issue at an exercise price of $0.40 per share.
On 17 December 2009, the Company completed the first tranche pertaining to its brokered private placements with Loewen, Ondaatje, McCutcheon Limited as lead agent, M Partners Inc. and Macquarie Capital Markets Canada Inc. (collectively the “Agents”) and issued 6,000,000 units at $0.50 per unit for gross proceeds of $3,000,000. Each unit consisted of one common share and one-half of one common share purchase warrant, each whole warrant exercisable to acquire one additional common share at a price of $0.75 per common share, for a period of 18 months after the closing date of the private placement, the Agents received a cash commission of $175,880, and were issued an aggregate of 409,700 compensation options, each of which is exercisable into one unit at a price of $0.50 expiring on 21 June 2011. These Units have the same terms as the Units sold under the private placement.
On 18 March 2010, the Company completed the second and final tranche pertaining to its brokered private placements with Loewen, Ondaatje, McCutcheon Limited as lead agent, M Partners Inc. and Macquarie Capital Markets Canada Inc. and issued 490,000 units at $0.50 per unit for gross proceeds of $245,000. Each unit consisted of one common share and one-half of one common share purchase warrant, each whole warrant exercisable to acquire one additional common share at a price of $0.75 per common share, for a period of 18 months after the closing date of the private placement.
On 11 May 2010, the Company completed the first tranche of its non-brokered private placement and issued 9,063,750 units at $0.40 per unit for gross proceeds of $3,625,500. Each unit consisted of one common share of the Company and one-half of one share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share of the Company for a period of 18 months from the date of issue at an exercise price of $0.60 per share. In connection with this first tranche closing the Company has paid in cash an aggregate of $130,675 as a finder’s fee.
On 3 June 2010, the Company completed the second and final tranche of its non-brokered private placement and issued 1,518,500 units at $0.40 per unit for gross proceeds of $607,400. Each unit consisted of one common share of the Company and one-half of one share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share of the Company for a period of 18 months from the date of issue at an exercise price of $0.60 per share. In connection with this second and final tranche closing the Company has paid in cash an aggregate of $27,570 as a finder’s fee.
On 21 July 2010, the Company completed its non-brokered private placement and issued 11,000,000 units at $0.50 per unit for gross proceeds of $5,500,000. Each unit consisted of one common share of the Company and one-half of one share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share of the Company for a period of 18 months from the date of issue at an exercise price of $0.75 per share. In connection with this non-brokered private placement closing the Company has paid in cash an aggregate of $204,230 and 26,040 shares valued at $16,666 as finder’s fee.
On 18 November 2010, the Company completed the first tranche of its non-brokered private placement and has issued 12,883,083 units at a price of $0.45 per unit for gross proceeds of $5,797,387. Each unit consists of one common share and one-half of one non-transferable share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one common share of the Company at a price of $0.65 per share for a period of 18 months, subject to an accelerated expiry provision, such that, in the event that the Company's shares close at or above $0.90 per share for 10 consecutive trading days on the TSX Venture Exchange (“TSXV”), the expiry date may be accelerated to 30 days. All of the common shares issued pursuant to this closing carry a legend restricting them from trading until 19 March 2011.
On 7 December 2010, the Company completed the second tranche of its non-brokered private placement and has issued 2,783,411 units at a price of $0.45 per unit for gross proceeds of $1,252,535 and an aggregate amount of total issuance of 15,666,494 units for gross proceeds of $7,049,922. Each unit consists of one common share and one-half of one non-transferable share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one common share at a price of $0.65 per share for a period of 18 months, subject to an accelerated expiry provision, such that, in the event that the Company's shares close at or above $0.90 per share for 10 consecutive trading days on the TSXV, the expiry date may be accelerated to 30 days. All of the common shares issued pursuant to this closing carry a legend restricting them from trading until 8 April 2011.
On 30 December 2010, the Company completed the third and final tranche of its non-brokered private placement and issued 3,128,514 units at a price of $0.45 per unit for gross proceeds of $1,407,831 and an aggregate amount of total issuance of 18,795,008 units for gross proceeds of $8,457,753. Each unit consists of one common share and one-half of one non-transferable share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one common share of the Company at a price of $0.65 per share for period of 18 months. All of the common shares issued pursuant to this closing carry a legend restricting them from trading until 1 May 2011.
On 18 March 2011, the Company completed the first tranche of its non-brokered private placement and issued 4,425,000 units at a price of $0.50 per unit for gross proceeds of $2,212,500. Each unit consists of one common share and one-half of one non-transferable share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one common share of the Company at a price of $0.70 per share for period of 18 months, subject to an accelerated expiry provision, such that, in the event that the Company's shares close at or above $0.90 per share for 10 consecutive trading days on the TSXV, the expiry date may be accelerated to 30 days. All of the common shares issued pursuant to this closing carry a legend restricting them from trading until 18 July 2011.
On 8 April 2011, the Company completed the second and final tranche of its non-brokered private placement and issued 10,390,326 units at a price of $0.50 per unit for gross proceeds of $5,195,163. Each unit consists of one common share and one-half of one non-transferable share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one common share of the Company at a price of $0.70 per share for period of 18 months, subject to an accelerated expiry provision, such that, in the event that the Company's shares close at or above $0.90 per share for 10 consecutive trading days on the TSXV, the expiry date may be accelerated to 30 days. All of the common shares issued pursuant to this closing carry a legend restricting them from trading until 9 August 2011.
Other
On 23 June 2009, the Company issued 200,000 common shares of the Company valued at $75,000 to acquire a 100% interest in the Kansas Creek Gold Project.
On 2 October 2009, the Company issued 6,415,000 common shares of the Company valued at $2,670,750 and issued 1,000,000 share purchase warrants at an exercise price of $0.50 per share valued at $225,670 to acquire 100% of the issued and outstanding common shares of MCR.
On 5 October 2009, the Company issued 500,000 common shares of the Company valued at $200,000 to acquire a 100% interest in the Golden Zone Property.
On 18 December 2009, the Company issued 225,000 share purchase warrants at an exercise price of $0.75 per share valued at $35,125 to acquire 1% Net Smelter Return Royalty related to Nixon Fork Gold Mine from Ambrian Partners Limited.
On 8 April 2010, the Company issued 35,000 common shares of the Company valued at $14,000 to Moody Capital LLC for consulting services.
Exercise of Warrants and Options
During the previous year, 39,888 agent compensation warrants were exercised at an exercise price of $0.30 per share.
During the previous year, 1,586,455 warrants were exercised at an exercise price of $0.40 per share.
During the period, 58,381 agent compensation warrants were exercised at an exercise price of $0.30 per share.
During the period, 5,101,068 warrants were exercised at an exercise price of $0.40 per share. During the period, 93,750 stock options were exercised at an exercise of $0.40 per share.
Escrow Shares
A total of Nil common shares of the Company were held in escrow as at 30 April 2011 (31 October 2010 – 3,612,001 common shares).
Stock Options
The Company has established a share purchase option plan, as amended on 24 March 2010, whereby the Board may from time to time grant up to 7,215,317 stock options to directors, officers, employees or consultants. Options granted must be exercised no later than ten years from date of grant or such lesser period as determined by the Company’s board of directors. The exercise price of an option will be set by the Board of Directors at the time such option is granted and cannot be less than the closing market price on the TSXV on the last trading day preceding the grant date, less any allowable discounts that may be permitted under applicable exchange policies.
On 2 October 2009, 2,200,000 options were granted at an exercise price of $0.40 with expiry on 2 October 2014.
On 25 June 2010, a total of 2,720,000 options were granted at an exercise price of $0.55 with expiry on 25 June 2015.
On 17 September 2010, a total of 300,000 options were granted at an exercise price of $0.60 with expiry on 17 September 2015.
On 18 October 2010, a total of 50,000 options were granted at an exercise price of $0.55 with expiry on 18 October 2015.
On 14 February 2011, a total of 1,350,000 options were granted at an exercise price of $0.55 with expiry on 14 February 2016.
DISCLOSURE CONTROLS AND PROCEDURES
Disclosure controls and procedures are designed to provide reasonable assurance that all relevant information is gathered and reported on a timely basis to senior management, so that appropriate decisions can be made regarding public disclosure. As at the end of the period covered by this
management’s discussion and analysis, management has evaluated the effectiveness of the Company’s disclosure controls and procedures as required by Canadian securities laws.
Based on the evaluation of the disclosure controls performed to date, the Company is determined to strengthen internal controls over financial reporting.
INTERNAL CONTROLS AND PROCEDURES
Internal controls and procedures are designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements in accordance with the Canadian GAAP. As at the end of the year covered by this management’s discussion and analysis, management had designed and implemented internal controls and procedures as required by Canadian securities laws.
The Company has evaluated the design of its internal controls and procedures over financial reporting for the period ended 30 April 2011. All internal control systems, no matter how well designed, have inherent limitations. Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation. Management continues to review and refine its internal controls and procedures.
RISKS AND UNCERTAINTIES
The mineral industry is intensely competitive in all its phases. The Company competes with many other companies who have greater financial resources and experience. The market price of precious metals and other minerals is volatile and cannot be controlled. Exploration for minerals is a speculative venture.
There is no certainty that the money spent on exploration and development will result in the discovery of an economic ore body.
The Company’s activities outside of Canada make it subject to foreign currency fluctuations and this may materially affect its financial position and results.
The Company has limited financial resources, no source of operating cash flows and no assurances that sufficient funding, including adequate financing, will be available to conduct further exploration and development of its projects or to fulfill its obligations under the terms of any option. If the Company’s generative exploration programs are successful, additional funds will be required for development of one or more projects. Failure to obtain additional financing could result in the delay or indefinite postponement of further exploration and development or the possible loss of the Company’s properties.
OUTLOOK
During the period ended 30 April 2010 Fire River raised in excess of $25 million. With the Company now trading on the TSXV, the Company is well positioned to advance its primary project, the Nixon Fork Gold Mine in Alaska. Global markets are expected to continue improving during 2011 with precious/base metals anticipated to increase in value, positioning the Company to take advantage of its potential to be a near term gold producer which should attract increased investor interest for the Company. The Company will employ the joint venture model for its other Alaskan properties.
SUBSEQUENT EVENTS
5 May 2011, the Company issued 250,000 incentive stock options to C. Douglas Lang, a new director of the Company, at an exercise price of $0.55 per common share for a period of five years. The option will vest over one year period with one-quarter of such options vesting in each three-month period.
12 May 2011, the Company announced the appointment of Timothy G. Smith as Vice President, Operations. Mr. Smith has over 32 years' experience in the mining industry. He graduated from McGill University with a Bachelor of Engineering, Metallurgical, and has worked in copper, coal, gold, lead and
zinc operations throughout the U.S. Prior to joining Fire River Gold, Mr. Smith was V.P. of U.S. and Canadian Operations with Apollo Gold where he led the mine start up and mill expansion of the Black Fox Mine located outside of Timmins, Ontario. He was also General Manager of the Montana Tunnels polymetallic mine outside of Helena Montana. Mr. Smith was Operating Manager at Red Dog Mine in Alaska, with Cominco, for 7 years. His operating experience also includes work at the Sullivan (lead/zinc), David Bell (gold), Bullmoose (coal), Afton smelter (copper) and Similco (copper) mines. He is a professional engineer, registered in B.C., and holds dual U.S. and Canadian citizenships.
16 May 2011, the Company in its news release announced additional high-grade results obtained from holes drilled during its 2011, 28,000 metre drill program at the Nixon Fork Gold Mine. The Company has received and confirmed assay results from drillhole N11U-032 at the 3300 Zone.
The Company is currently operating two drills continuously in the Crystal Mine. They are primarily focussed on detailing mineralized zones scheduled for the first six months of mining, beginning in June 2011. This includes filling in gaps in mineralization and extending open zones along strike and dip. Hole N11-U032 targets the 3300 zone at the 220 meter mining elevation, which will be mined in the first six operating months. Mining has already begun on the 203 level beneath this intercept.
Illustration: Drillhole N11U␣032 relative to the 3300 Orebody
17 May 2011, the Company announced that it intends to extend the expiry date of common share purchase warrants exercisable at $0.75 per share issued by the Company in its December 2009 private placement financing. Accordingly, the 21 June 2011 expiry dates of the 3,000,000 warrants which remain outstanding are extended to 21 June 2012, subject to approval by the TSX Venture Exchange.
18 May 2011, the Company announced that it intends to extend the expiry date of common share purchase warrants exercisable at $0.75 per share issued by the Company in its December 2009 private placement financing. Accordingly, the 19 July 2011 expiry dates of the 245,000 warrants which remain outstanding are extended to 19 July 2012, subject to approval by the TSXV.
19 May 2011, the Company announced additional high grade gold intercepts arising from its drill program at the Nixon Fork Gold Mine, Alaska.
Hole N11U-036 was drilled in the 3300 zone in a portion of resources that extend from 208 mASL (meters above sea level) to 285 mASL. It helps to define a stope that is included in the mining plan for the first six months of operations.
Figure 1 : Grade Shell (1g/t) for 3300 Orebody, 208 to 285 mASL
Holes N11U-035 and 037 were drilled in the upper portion of the mine near surface on the 3300 zone at an elevation of 383 mASL. They define what will become a two-level 20 m high longhole stope that will be mined in the first six months of operations.
Figure 2: 3300 Zone from 363 to 383 mASL
Hole N11U-036 represents the best intercept of the ongoing 28,000 m 2010/2011 drill program so far. The following table shows all intercepts for the which the grade multiplied by the thickness exceeds 300 gram – meters:
Table 2: Intercepts Exceeding 300 Gram- Meters
To understand the significance of these and all previously released drill intercepts, it is important that one understands the geometry of the stopes, the mining methods that will be employed, and the overall mine operating plan.
Geometry and Geology of the Deposit:
The Nixon Fork Gold Mine is a skarn deposit. Gold, silver and copper mineralization occurs along the contact of a quartz monzonite intrusion in limestone. The orebodies take the form of pipes that are more- or-less continuous vertically with steep dips of between 50 and 70 degrees, with occasional fault-induced off sets. The mineralized zones are defined geometrically by a low grade mineralization shell, producing massive stopes, as large as 30 m in diameter. Grade shells were used to represent the mineralization in both Figures 1 and 2. Figure 3 shows the 1 g/t mineralized shells that form the Crystal and Mystery Mine zones.
Figure 3: Grade Shells for the Nixon Fork Mining Zones (1 g/t)
Looking back at Figures 1 and 2, the shapes of the grade shells are quite regular. Inside these grade shells are very high grade intercepts, such as those listed on Tables 1 and 2. The challenge for mine operations will be to capture all of the high grade intercepts while minimizing the inclusion of low grade material to achieve a high grade blended mill feed. These zones will be thoroughly definition-drilled before mining occurs, often to less than 6 m x 6 m density. A geological model will be produced prior to mining that will be based on the mining cut-off grade (nominally 10 g/t at today’s prices). Figure 4 shows a geological model for the same segment of 3300 zone that is represented in Figure 2. The numerous light blue solids represent portions of the zone whose grade exceeds 10 g/t.
Figure 4: Geologic Model and New Drill Intercepts (3300 Zone)
Also shown in Figure 4 are new results from our 2011 program, including drill hole N11U-036. The intercepts are represented by colored cylinders on the drill holes. The length of the cylinder represents the length of the intercept. The grade of the intercept is represented by the cylinder size and its color as indicated in the legend. The fact that these cylinders occur outside the grade shell indicates that they are in addition to the known resource estimate. The stope shown as an example in Figure 4 will have its geological model updated to include the new intercepts prior to mining. However, regardless of how much drilling is done, the stope mineralization will not be fully understood until it is mined. The “gaps” between these solids indicate either that they are cut off by a low grade intercept or that the information is not available.
These zones will require a considerable amount of drilling, and the results will always be a mixture of low grade and high grade hits. Up to and including hole N11U-037, there have been 100 drill holes completed in 2010 and 2011; 32 with no significant intercept, 27 with low grade hits (<10 g/t), 27 with hits between 10 and 30 g/t and 14 with hits greater than 30 g/t. This ratio is typical of past drilling on the property and is expected to be typical of the drill results going forward. Because of the numerous gaps between drill holes, an important feature of mining will be thorough testhole sampling prior to abandoning a stope. Regardless of how dense the diamond drilling is, additional pockets of high grade mineralization will be discovered by sampling jackleg and jumbo drill cuttings. These assays will be used to plan additional
extraction through slashing walls, breasting backs, or benching floors prior to abandoning or filling the stope. A quick turn-around of numerous assays will be essential to mine functionality. Demonstrating this concept, Figure 3 shows the results of some drill cuttings assays in the 3300-208 stope drift from jackleg testhole drilling. One wall hole in the diagram shows an assay of 232 g/t and another at 171 g/t, neither of which was discovered by diamond drilling. These will be slashed before this level is filled. It should be noted that the assays on this diagram were performed in-house and should not be relied upon, since they were not verified by an independent assayer.
Figure 5: 3300 Zone at 208 mASL Stope Showing Test Hole Assays Mining Methods
Selectivity will be paramount to mining operations at Nixon Fork Gold Mine. Accordingly, a drift and fill method is most appropriate. As there is no liquid fill, stopes will be filled with loose waste from the development program. Drift and fill mining will be done in 3 m lifts, with access provided on a temporary basis to each mining horizon through a combination of benching and breasting stope accesses. In some instances, shrinkage stoping will be deemed to be more appropriate. This will be accomplished by accessing the stope vertically with using a man raise. The stope will then be mined upward one slice at a time in 3 m vertical lifts using jackleg drill. For each 3 m lift, only the swell from the broken muck will be removed from the lowest extraction level to keep the floor at a working height from the stope back. At the end of the stope’s life, it will be full of broken ore, which will then be mucked out to the mill. Shrinkage stoping will allow for grade selectivity in that the final extent of the stope can be determined by testhole sampling. However, any low grade inclusions will have to be taken with the ore, diluting the final grade. A longhole drill and remote 4 yd3 scooptram have been purchased such that the mine can employ longhole stoping. This will normally be done by using two elevations, a drill horizon and a mucking horizon with as much as 20 m of vertical separation. This mining method would have the least selectivity and any high grade segments will be diluted with lower grade material. However, it may be necessary to employ this method in stopes with span that are so large that the backs may not be stable. In these cases, a stable
mucking brow would be established for a remote scooptram wall slashes required to enter the open stope, operated by a miner standing in a safe location on an engineered platform. The back will be pre- supported with long bolts to minimize dilution. All three stoping methods will be used in the first six months of mining. Additional equipment purchases include two x 20 ton trucks, an additional 4 yd3 scooptram, underground forklift, and a single boom electric hydraulic drill jumbo. All units have been purchased and either en-route or being rebuilt. The last unit is projected to arrive at the end of June.
The Mine Operating Plan Figure 6: Longsection of the Crystal and Mystery Mines Showing Mining Plan
Production from the mine will be provided by the upper portion of the Crystal Mine for the first six months of operations (labelled 1 through 3) using all three mining methods described. Area 1, the 3000X Zone, will be mined with a drift and fill method followed by benching the floor. Area 2 contains a small longhole stope between 370 and 383 elevations of the 3300 zone. Area 3 is the most significant of the three. It contains a drift and fill stope at the base elevation (208 to 214 mASL), a drift and fill stope from 214 to 220 mASL, and two shrinkage stopes with mucknig horizons at 235 mASL. The mine plan for the rest of this area is till being developed. It is anticipated that ongoing diamond drilling and testhole sampling on mining will increase the mill feed from the upper portion of the Crystal Mine, extending its life beyond the six months currently anticipated. While the Upper Crystal is being extracted, the main ramp will be extended to depth, which is underway. This ramp extension will open up mining to depth on both the 3000 and 3300 zones, which are some of the best resources on the claim in terms of grade and geological continuity. It is anticipated that the known resources at depth will provide mill feed for approximately one year. The extension of the down ramp has been located in the tightly healed limestone according to the recommendations of a Golder report on ground water hydrology. The existing ramp bottom (shown in Figure 7) will be used a sump for the ongoing development program, pumping to a 200,000 gal water reservoir located at 190 m ASL level. Water will be drawn from the reservoir for production and diamond drilling and for muckpile watering.
Figure 7: Old Ramp Bottom
A second development face has also been started – the connection drift between Mystery and Crystal Mines shown as a dotted line on Figure 4. This will open up underground drill platforms for the zone between the mines, which is thought to be the best exploration target for identifying new zones and adding to the resources of the Southern Cross and J5A. Water inflows from this heading will also be directed to the sump at the old ramp bottom. Mining beyond this 18 month period will be in the Mystery Mine, in new zones between the two mines, and even deeper in the Crystal Mine on the 3000 and 3300 zones should additional resources be found at depth.
Quality Assurance and Quality Control (QA/QC)
Rigorous controls are in place to ensure the traceability of samples and their results. Upon delivery core is prepped and logged with intervals of interest and/or mineralization marked for sampling. The core is subsequently photographed prior to cutting. Half the core is retained for future reference and the remaining half placed in double poly bags and sealed for shipment. Samples are delivered to ALS Chemex in Fairbanks, AK where they are dried, crushed, and representative splits are transported to ALS Chemex labs in either Reno, NV or Vancouver, BC for assay. ALS Chemex complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025:1999. Analysis includes Fire Assay with gravimetric finish for gold and ICP for 33 other elements. Gold assay results greater than 5 ppm are automatically re-submitted for screen metallic analysis. QA/QC is verified using external standards, blanks, and duplicates with 13% of all samples submitted being QA/QC check samples. Results are examined ensuring control samples fall within 2.5 standard deviations of certified values. Failed results are re-analyzed by the lab and/or additional samples from the remaining core are submitted for analysis.
6 June 2011, the Company announced in its news release that results obtained from additional holes drilled during its 2011 drill program at the Nixon Fork Gold Mine,. The Company has received and confirmed assay results from drill holes N11U-038 to N11U-054 at the 3300 Zone. Complete listing of the drill hole intercepts are provided in Table 1. The widths of the intercepts are approximate to the true width of the mineralized intercept.
Table 1. Results from Holes N11U-038 to N11U-054
The Company is currently operating two drills continuously in the Crystal Mine. They are primarily focussed on detailing mineralized zones scheduled for the first six months of mining, beginning in June 2011. This includes filling in gaps in mineralization and extending open zones along strike and dip. Diamond drill holes N11U-038 through N11U-054 were successful in expanding known resources surrounding the 3300 ore body. Following trends suggested by earlier drilling, these not only confirmed additional mineralization but also support the validity of our new deeper understanding of the geology of this deposit. The following illustrations demonstrate how these diamond drill holes show new zones of mineralization outside of previously modelled areas. Figure 1 shows the block model in green, representing +10 g/t gold grades at the base of a shrinkage stope located at 235 mASL (meters above sea leve) in the 3300 zone. Figure 2 shows the 1g/t grade shell in the upper portion of the 3300 zone at 385 mASL, which will be a longhole stope. Both stopes will provide mill feed during the first six months of operation.
Figure 1: Definition Drilling at 235 mASL in the 3300 Zone
Figure 2: Definition Drilling for the 385 Longhole Stope, 3300 Zone
The Company will continue its active drilling program ahead of advancing mining and adding to previous discoveries. With the coming of summer we will now pursue exploration of additional targets as our surface-drilling program commences.
22 June 2011, the Company announced that option agreements were entered into with directors, officers, employees and consultants granting the right to purchase an aggregate of 3,230,000 shares at an
exercise price of $0.43 per share for a five year period, subject to approval by the TSX Venture Exchange.
23 June 2011, the Company announced the appointment of Fred Sveinson as Director of the Company. Mr. Sveinson is a professional mining engineer with 40 years experience in all aspects of the mining industry including exploration, development, construction, operation and financing of mineral projects in Canada and internationally.
Mr. Sveinson’s career has encompassed mining in Zambia, the United States, Venezuela, and Canada including the Arctic, to senior management levels with such companies as Echo Bay Mines Ltd. and Dynatec Corp. He has established a solid reputation assembling successful operating teams, evaluating projects, re-structuring operations, and rejuvenating mines from 100 tpd to 2000 tpd. As President and CEO of Gold City Industries Ltd., and in conjunction with a joint venture participant, he was instrumental in acquiring the Bissett gold mining assets in Manitoba and merging the joint venture companies in 2005 into San Gold Corporation, which has become a successful gold mining company with a market capitalization of +$1B. Mr. Sveinson was founder, President and CEO of Merit Mining Corp. until September, 2010 (now Huakan International Mining Inc.), where he developed a 200 tpd underground gold-copper mine to production near Greenwood, BC, and acquired and advanced the development of the J&L gold-silver-zinc-lead property near Revelstoke, one of the largest undeveloped polymetallic properties in BC.
NEW PROJECT ACQUISITION PROGRAM
The Company continues to review potential new acquisitions that will enhance its current portfolio of advanced stage projects. However, management currently feels it has acquired a diverse project portfolio and is focused on continuing their development during 2011.

[Flack]

Antwort auf Beitrag Nr.: 41.726.701 von Picker56 am 30.06.11 23:40:52

Statt der 'Ignore'-Taste hätteste besser die 'Sell'-Taste gedrückt - hätteste viel Geld gespart....

Aber wem nicht geholfen werden will, der muß halt auf die eine oder andere Art büßen.

Flack

[dontoto]

Zitat von Picker56: Hat der Komiker wieder nen Schwachsinn gepostet ??
Kann es Gott sei Dank nicht lesen.

Verstehe nicht warum der immer noch hier ist. Hat absolut nichts Sachliches beizutragen und merkt nicht, dass ihn ohnehin keiner für voll nimmt.

Picker56

Keine Ahnung, bei mir ist er jetzt auch auf der Ignore-Liste...sehr angenehm

Wie beurteilst Du die Aussagen des Managements. Interessant finde ich den hohen Cut-Off Grad. Wird das Gestein dann noch einmal in den Tailings verarbeitet, so dass zusätzliche Unzen herausgeholt werden können?

Gruß
dontoto

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 41.730.320 von dontoto am 01.07.11 15:59:26

antworte jetzt einfach mal für picker... das "gestein" aus den tailings wird nochmals durch den neuen installierten cil-kreislauf gejagt wird!
was das mit den hohen cut off graden auf sich hat, ist mir persönlich ein rätsel.

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 41.730.355 von sir_krisowaritschko am 01.07.11 16:03:50

ach du scheiße meine grammatik!!! naja musste schnell gehen...

[Howto45]

Antwort auf Beitrag Nr.: 41.730.355 von sir_krisowaritschko am 01.07.11 16:03:50

@sir krisowaritschko:
wegen der hohen Cut-offs:
(Zitat)
Cut-off grades (COG) of between 12.5 g/t and 20 g/t were determined, based on mining and access costs.
Mit deutschen Worten: Unter einem Gehalt von 12,5g/t lohnt der Abbau einfach nicht.

[dontoto]

Antwort auf Beitrag Nr.: 41.730.967 von Howto45 am 01.07.11 17:33:48

habe mich vielleicht etwas umständlich ausgedrückt. Bei den hohen Cut-Off Graden bleiben ja definitiv 10-12 Gramm Gold nach der Prozedur "liegen". Können diese dann erneut - wie das Gestein in den Tailings - durch den CIL Kreislauf gejagt werden um auch hier wiederum 90% des Goldes zu extrahieren?

[dontoto]

Ich persönlich glaube, dass wir in den nächsten 30 Tagen ein Update zum aktuellen Stand bekommen werden, wann der erste Probelauf mit Gestein durch die Anlage fährt. Das wird der nächste wichtige "Milestone".

Nicht vergessen, alleine in den Tailings schlummern noch ca. 30.000 Unzen Gold, das wären nach Abzug der Cashkosten alleine fast 25.000.000 Dollar!

Mal sehen, ob ich mir nicht doch noch eine weitere kleine Position ins Depot lege...

[Howto45]

Antwort auf Beitrag Nr.: 41.731.379 von dontoto am 01.07.11 18:50:51

@dontoto:
So wie ich die Sache verstehe beziehen sich
die cut-offs doch auf Material was noch "im Berg" ist, bzw. besser gesagt unter Tage liegt und auch da bleibt. Wenn man eh alles fördert, bräuchte man ja auch keine Cut-offs festlegen.
Man fördert nur dort, wo sich der Aufwand lohnt !
Bei den Tailings sieht das natürlich anders aus.
Ich kann deine Hoffnung auf ein Anfahren der Anlage grundsätzlich nur unterstützen.
Das halte ich aber auch für einen Punkt der mir bei Fire River aktuell nicht gefällt:
In dem von dir eingestellten Bericht heißt es:
This turn-key, mining-milling project is a fully operational mining facility that includes a 200+tpd flotation plant with a gravity gold separation circuit. In 2008, a complete carbon-in-leach (“CIL”) gold recovery circuit was designed and purchased with approximately 60% installed to date.
In einer FAU-Meldung vom 19.08.2010 finde ich den Satz:
In 2008, a
CIL gold leaching circuit was purchased and approximately 60% installed.
Quelle :www.firerivergold.com/i/pdf/081910FAU.pdf
Was lernen wir daraus ?
An der Installation des CIL wurde im letzten Jahr nicht gearbeitet.
Dieses war mir schon länger ein Dorn im Auge, deshalb hatte ich meine Position bei 0,39 Euro-Cent glattgestellt und beobachte den Wert z.Z. nur.
Für mich wäre logisch diese Anlage so schnell wie möglich in Betrieb zu nehmen, um
das vorhandene Material dort durchzuschleusen, um die von dir genannten 30.000 schlummernden Unzen zu "heben".
Beim Durchlesen der Infos über FAU war mein Eindruck, dass auch genau das der Plan des Managements sei.
Wiso dabei nichts vorangeht ist mir völlig unerklärlich.
Deshalb werde ich persönlich hier erst wieder investieren, falls sich etwas positives in dieser Richtung tut.

[sir_krisowaritschko]

hm... wollte fau nicht am 10/05/11 in produktion gehen??? so stands jedenfalls im ni 43-101!!!
zum 23. juni wollte man das erste gold verkauft haben!

An der Installation des CIL wurde im letzten Jahr nicht gearbeitet.

im ni steht doch aber das man den cil kreislauf bis april 11 installiert haben wollte. also daran solls nicht scheitern.

http://www.firerivergold.com/i/pdf/43-101/FAU43-101Oct2010.p…
http://www.firerivergold.com/i/pdf/43-101/FAU43-101Oct2010.p…

seite 108

[Sheriff-von-Nottingham]

NEWS von der homepage:


Fire River Gold Starts Up the Nixon Fork Mill
view PDF

July 5, 2011 Vancouver, Canada -- Fire River Gold and Mystery Creek Resources (collectively "the Company") are pleased to provide the following update for the Nixon Fork Mine. It is a thorough document that provides insight into all aspects of operations at site. All photos contained in this release were recently taken and represent current conditions at site.

Start Up Schedule

The mill was started up on July 4th. Only the gravity and flotation circuits are being run, which will achieve approximately 80% recovery of gold from freshly mined ore.

The crushing circuit has already been operating this past week as a commission task and to prepare road surfacing material for construction. See Figure 1 for a picture of the primary jaw crusher in operation.

The start up plan for the plant is to process barren waste for a few days to get the material flowing through the mill. Next, low grade mineralized rock (2 to 8 g/t) will be processed over the next week as a "breaking in" period for the gravity and flotation circuits. After the breaking in period, the mill should be fully operational on gravity and flotation circuits and will start processing higher grade feed.

Completion of the cyanide-in-leach (CIL) circuit will be ongoing during start up, with mechanical completion and commissioning projected for late fall. Adding the third process should bring total recovery up to 96%.

The mine and mill should be fully operational and near capacity at 150 tpd of fresh ore from the mine by the end of October. By late spring of 2012, ore feed from the mine will be supplemented by recovering an additional 100 tpd of tailings from the existing tailings pond, which grades approximately 7.6 g.t (Giroux, 2010).

The key project objectives dates are summarized as follows:

July 4 - Mill start up
Late July -- First concentrate shipment of 30 tonnes from Anchorage
Mid to late August -- First doré gold pour from gravity concentrate
Early September -- Dry stack construction completion
September/October -- Mechanical completion of CIL plant
Late October -- Commissioning of CIL, start of leaching
Late Spring 2012 -- Leaching historic tails from pond


Figure 1: Jaw Crusher in Operation

The Mill

There were several modifications made to the existing mill that were performed concurrent with construction completion of the CIL plant:

At the crushing plant, the crush size was reduced from 2 inches to 1 inch passing, which is a standard practice. This should reduce the grinding requirement and could increase the capacity of the mill.
The feed to the centrifugal gravity separator used to come from the cyclone overflow. This has been re-routed to draw from the cyclone feed. This should increase gold recovery and system operational reliability. Gravity gold is the cheapest to process and has the highest value, so this will have a strong economic benefit to operations.
A slurry storage tank was added between the concentrate thickener and filter to decouple the two processes and make them more efficient. Peristaltic pumps were also installed to maintain a high density and low flow. In past operations moistures as high as 20% were reported in the concentrate. We anticipate a much lower moisture content of in the new concentrate.

The flotation circuit is very simple, using only xanthate and frother. No pH control is required. As such, no improvement to the existing circuit was deemed necessary. Our objective will be to moderate copper content in the concentrate, which varied from 10 to 25% historically.


Figure 2: Gravity and Flotation Circuits at the Mill

The Carbon-In-Leach (CIL) Circuit

Two of the five cyanide leach tanks have been fully installed and a third is partially complete. Though at site, these were delayed so that several smaller installation around the large tanks would not be obstructed.

The main components of the carbon stripping and electrowinning circuits have been installed. Piping and electrical work will start in earnest in mid August. Nearly all remaining equipment is at site, the exception being the agitators for the detox tanks, which are the critical path item for mechanical completion, which is anticipated for mid September.

A cyanide source has been secured for delivery in October.

The Filtered Tailings Disposal Site (Dry Stack)

The original design of the dry stack was for water collection beneath the sand in porous pipes, transferring to a pond for sampling and percolation into the earth. The company elected to line the dry stack and enlarge and convert the percolation pond to a lined collection pond to make this a zero discharge facility. This is the only significant construction activity outside of the mill building in 2011. A fleet of construction equipment is being assembled at site, including an excavator, dozer, front end loader, and articulated truck for this work. A crew of six will complete this construction by the end of August. Completion of the dry stack is necessary prior to the commissioning of the CIL circuit.

The Mine

The mine has been in operation for several months, with mine rehabilitation, ore stockpiling, waste development, and diamond drilling being the primary activities.

All mine rehabilitation work is complete, the largest project being the refurbishing of the ventilation raise which serves as a secondary egress.

Two primary waste headings are being driven: 1) the Crystal Ramp is being extended to depth to access the down-dip extensions of 3000 and 3300 zones and 2) a shallow ramp is being driven from the Crystal Mine to connect it to the Mystery Mine. To-date the Crystal Ramp has been driven 42 m and the Mystery drive has been driven 90 m. A ventilation drift for the Crystal ramp extension has also been completed, a distance of 33 m.

The Mystery Mine connection drift is a shallow ramp, driven at 6% grade from the Crystal Mine, starting at 170 mASL . This connection is crucial to future operations, as it will open up the Mystery Mine for mining operations (current resources in the Mystery Mine are 28,400 tonnes indicated grading 23.7 g/t for a total of 20,900 indicated oz Au using a cut-off grade of 10 g/t, from Giroux, 2010). It will also provide excellent drill platforms to explore the zone between the mines, including the Southern Cross and J5A mineralized zones.

Mining and development activities are still ramping up to full capacity as the manpower expands to its full complement of 90 site employees. Approximately half of the new production mining fleet has arrived at site, including a one-boom Tamrock jumbo, BC2 longhole drill, 4 yd³ R1300 scooptram, and a 20 tonnes Dux truck. A second Dux truck and R1300 scooptram are scheduled to arrive early in June. The second scooptram will be remote-capable, expanding stoping method options for the operation. Additional equipment is being considered to enhance productivity, including a rockbolting machine. The mine is expected to achieve its full production target of 3800 ounces per month by October 2011.


Figure 3: Mine Equipment Purchases (L to R: One Boom Jumbo, 4 yd³ Scooptram, LH Drill)

Stockpile Management

At present a stockpile of approximately 2300 tonnes of high grade material and 100 tonnes of medium grade material is stored in front of the primary jaw crusher outside of the mill building (Figure 4). In addition, approximately 500 tonnes of low grade material has been stored on a nearby laydown (Figure 5). This material is segregated into piles awaiting grade determination by assay (note the identifying stakes for each pile) before being added to one of the piles or disposed of onto the waste dump.


Figure 4: High Grade Stockpile (left) and Medium Grade Stockpile (right) ahead of Primary Crusher


Figure SEQ Figure 5: Low Grade Stockpile (to right) and Unclassified Material Piles

Water in the Mine

There is much speculation, but few facts known about the groundwater situation in the mine. At present there is approximately 3 m of water at the bottom of the old ramp and approximately 0.3 m in the new ramp heading. The water level in the mine is known to fluctuate as much as 6 m in the spring after the snow melt.

While the full extent of the groundwater significance is not known, the mine is taking several steps to manage groundwater inflows should they become problematic to the crystal ramp development, including:

Locating the drive in tightly healed limestone
Installing a 200,000 gallon reservoir at 170 mASL to pump inflow water (completed July 3rd) and a second 70,000 gallon reservoir at 340 mASL for drill water storage
Diamond drilling ahead of the development heading to explore groundwater and fracture conditions
Acquiring a large capacity grout pump and contracting experts to guide the grouting program should one be required
Acquiring four evaporation misting machines to dispose of excess groundwater through accelerated surface evaporation (one unit is already in service at the tailings pond, see Figure 6).


Figure 6: Evaporation Mister at Tailings Pond

Drilling

The mine has two Hagby drills that have been operated underground over the past several months. Drill results have been extensively covered by numerous press releases over that period.

The main objective of recent drilling was ore definition in support of the earliest mining in the upper Crystal Mine, approximating the first six months of production. This work is complete and the drills are now being turned to exploration targets on surface and underground. The most important target for both is the zone between the Mystery and Crystal mines, which houses three targets: the Southern Cross, J5A, and 3100 zones. These will be more effectively drilled once platforms have been provided by the shallow ramp connecting the Mystery and Crystal Mines.

The Company maintains that the property is fairly large and the ability to replenish mining on an annual basis is a probable and appropriate approach to extending the life of the operation.


Figure 7: Hagby Drill Set Up Underground

Assay Lab

One challenge of start up has been to fully staff the assay lab, which has been accomplished with the addition of four assayers.

While the ore is visually discernable, the precise grade is not, and there is enough latitude that the geologists are regularly surprised in both directions -- assays demonstrating higher and lower grade than expectations based on visual examination. Accordingly, a quick turn-around of assays is necessary to properly manage the determination of ore and waste. The number of results per day will increase with mill start up, as the underground testhole, chip samples, and muck pile samples with be joined by numerous daily checks on mill feed, gravity, flotation, concentrate and final tailings determinations.

Diamond drill samples are still assayed independently such that they can be used to support resource and reserve estimations.


Figure 8: Fire Assaying for Stockpile Grade Determination

Marketing Contracts

Negotiation of contracts for the off-take of concentrate and dore bars are under active discussion with a number of major buyers. The concentrate will leave site in 1 tonne totes on pallets aboard a C130 Hercules aircraft. The doré will be shipped in 25 to 30 kg bars that will be comprised of gold (60%), silver (30%), and impurities (10%). No delay to revenue is anticipated due to completion of either contract.

Security

A contract has been awarded to an independent contractor Doyon Universal Services LLC for continuous surveillance of the mill area and to accompany all shipments from site. The Company is confident that the surveillance equipment installed coupled with the diligence of a third-party security team will protect the operation from losses due to theft.

Logistics

Being an air-support operation, efficient logistics are crucial to the property's success. Our primary fuel supplier, Everts Air Cargo, has successfully built up our inventory at site such that for the first time in our project's history we refused a fuel flight last week. Figure 9 shows the Everts DC-6 offloading fuel into the Nixon Fork tanks. Note that the art on the nose depicts the plane's original owner, Mr. Howard Hughes.


Figure 9: Everts Air Cargo's DC-6 Transferring Fuel

Most of the heavy equipment at site was lifted from Anchorage aboard a Lockheed C-130 Hercules airplane, supplied by Lynden Air Cargo (Figure 10). This plane will also be used for all bulk supply, such as cyanide, lime, cement, and to fly copper concentrate from site. Excess payload capacity is often exploited by offloading wing fuel from the plane to our fuel storage tanks.


Figure 10: Lynden C-130 Hercules Airplane Arriving at Nixon Fork Mine

Anchorage Office

The Company has established an Anchorage office, which is embedded in Lynden's main facility. Project accounting, human resources, and logistics coordination will be managed from this office.

Closing Comments

Needless to say we are all excited about achieving this milestone. I am very proud of our workers and our management and thank each employee, consultant, and contractor whose contribution got us to this point. It has certainly been a team effort with many helping hands.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

"Richard Goodwin"

Richard Goodwin
President and COO

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. The TSX Venture Exchange or its Regulation Services Provider have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management. We seek safe harbour.

[Sheriff-von-Nottingham]

zusammengefasst: SIE HABEN GESTERN ANGEFANGEN

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.743.884 von Sheriff-von-Nottingham am 05.07.11 15:18:45

Sehr überzeugend !!

Haben in den vergangenen Monaten nicht viel "Lärm" um jeden kleinen Fortschritt sondern ihre Arbeit gemacht - so liebe ich es.

FAU ist somit in den Kreis der Produzenten aufgestiegen.

Wenn sie ihre Arbeit weiter so konsequent machen, so dürften auch nicht zu gravierende technische Rückschläge bei Hochfahren und Justieren der Anlage zu erwarten sein.

Mal sehen, wie dies der Markt aufnimmt.

Picker56

[Sheriff-von-Nottingham]

Die Heimatbörse hat es honoriert, wenn auch nur mit ein paar Prozenten. M.M.n. wäre jetzt der richtige Zeitpunkt für eine kleine Investition. Denn wenn die Nachricht morgen überall publik gemacht wird, dann wirds wie bei anderen Werten auch - bei einem solchen "Sprung" zum Produzenten - um ein gutes gen Norden gehen. Ich freu mich. PS. Den Beitrag auf der FAU Website anzusehen lohnt. Die Photos dort sind sehr schön. Das Management gibt sich richtig Mühe alle Schritt für Schritt zu erklären und per Bild aufzuzeigen.

[websin]

Eine der besten Firmeninternetseiten, die ich kenne was Doku angeht
Hoffentlich folgt der Kurs mal der News, nur zur Abwechslung!

Erinnert mich irgendwie an die Doku auf DMAX - http://www.dmax.de/web/goldrausch/

VG, WEBSIN

[Howto45]

Antwort auf Beitrag Nr.: 41.744.527 von Sheriff-von-Nottingham am 05.07.11 16:42:27

@Sheriff-von-Nottingham:
Sehe ich auch so, bin hier wieder dabei !
Mal sehen wie mein zweiter Versuch so läuft.

[Howto45]

Antwort auf Beitrag Nr.: 41.744.527 von Sheriff-von-Nottingham am 05.07.11 16:42:27

Übrigens, habe mir gerade die Seite der TMX mit der Abfrage von FAU angesehen.
Dort ist Stand 10.10 Uhr immer noch als letzte Unternehmensmeldung die vom 23.06.
zu finden, d.h. da steht die Veröffentlichung noch aus.
Vielleicht auch ein Grund für den verhaltenen Kursverlauf gestern in Toronto.
Warten wir den heutigen Handel ab.

[Sheriff-von-Nottingham]

da war ich wohl wieder mal "erster" ;-) meine Freundin meinte aber kürzlich, es ist nicht gut immer der schnellste zu sein

[Sheriff-von-Nottingham]

es kann doch nicht sein, dass die so lange brauchen um Infos und News von der Homepage aufs Parkett zu bringen. oder wenigstens ein kleines Ad-hoc..... mir solls recht sein, dann decke ich mich nochmal günstigst ein ;-)

[TimLuca [KommA]]

Hallo Zusammen!



Ich habe den Wert schon länger beobachtet und wurde ja auch hier im Thread beschrieben.
Heute nach dieser Meldung, habe ich mich dann entschieden doch endlich mal eine erste Position aufzubauen......

Das habe ich heute noch per Mail bekommen.....



Ich denke mit dieser Meldung sollte der Boden erreicht sein und der Kurs wieder dahin geht, wo er hingehört....





Fire River Gold starts up mill at Nixon Fork mine

2011-07-05 08:47 ET - News Release
Mr. Richard Goodwin reports

FIRE RIVER GOLD STARTS UP THE NIXON FORK MILL

Fire River Gold Corp. and Mystery Creek Resources have provided the following update for the Nixon Fork mine. It is a thorough document that provides insight into all aspects of operations at site. All photos contained in this release were recently taken and represent current conditions at site.

Start-up schedule

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aFAU-18591…


Ich hoffe die Entscheidung war richtig....

Gruß
TimLuca

[sir_krisowaritschko]

naja, ich bin noch zurückhaltend gestimmt.
man muss festhalten, dass sich der start der mine verzögert hat.
geplant war glaube ich irgendwas ende mai 2011.
gold sollte schon ende JUNI verkauft worden sein.
nun gesteht man ein das der cil-kreislauf erst während der start-up phase installiert wird und erst ende oktober in betrieb geht.
hoffe für euch das das teil, auch wenn ich schon ne weile nich mehr dabei bin, endlich nach oben läuft, aber wundern falls nicht, würds mich auch nicht.
trotzdem ist das nun ein großer schritt für FAU in die richtige richtung. es gibt explorer die ihre mühle seit 2 jahren gerade so halbwegs zum laufen brachten. mal sehen, ob es fau besser macht.
ich bin der meinung, dass nun die zeit beginnt, wo es wirklich interessant wird.
kann man die sich selber gesetzten ziele den betrieb der mühle betreffend einhalten? sprich kann die mühle schnell hochgefahren werden!?
erzielt man die geplante recovery?!
was noch wichtiger ist, wann läuft das, wie in der PEA empfohlene, neue bohrprogramm an um die resourcen deutlich raufzusetzen?
kriegt man die grundwasserproblematik in den griff???

[Sheriff-von-Nottingham]

Zum Thema Grundwasser schreibt Björn Junker:

Vorsorge trifft die Unternehmensspitze hinsichtlich des Eindringens von Wasser in der Mine. Vor allem im Frühjahr, wenn die große Schneeschmelze eintritt, kann das Grundwasser auf 6 Meter und mehr ansteigen. Unter anderem mit großen Tanks will man dem entgegenwirken. Die installierten Reservoirs können insgesamt 270.000 Gallonen Flüssigkeit aufnehmen. Damit sollte das Wasserproblem beseitigt werden können.

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.750.480 von sir_krisowaritschko am 06.07.11 15:44:18

naja, ich bin noch zurückhaltend gestimmt.
man muss festhalten, dass sich der start der mine verzögert hat.

Wie hier, minimale Verzögerungen, kann man generell noch als Punktlandung sehen.

Es sollte dir bekannt sein, dass bei Start-up-Unternehmen Zeitangaben nur als Richtwerte und nicht als Fixpunkte zu verstehen sind.

Je komplexer der Unternehmensstart ist, desto ungenauer kann auch nur ein Startzeitpunkt zu verstehen sein, da dieser mit einer Unzahl von Unabwägbarkeiten versehen ist.

Als ein beruflich mit solchen Themen Betrauter kann ich dir nur empfehlen, dir zukünftig eine lockerere Sichtweise anzueignen um persönlichen Enttäuschungen vorzubeugen.

Picker56

PS: Nicht mal Finanzamtstermine sind als fix zu erachten

[TimLuca [KommA]]

Antwort auf Beitrag Nr.: 41.750.833 von Picker56 am 06.07.11 16:33:39

Hallo @Picker56,

Wie hier, minimale Verzögerungen, kann man generell noch als Punktlandung sehen.

Da gebe ich dir völlig Recht. Es gibt andere Firmen wo es teilweise viel länger gedauert hat und immer noch dauert. Das sollte doch bekannt sein und ich bin der Meinung das man Fire River Gold jetzt einfach mal die Zeit geben muss, die Produktion in Ruhe hoch zu fahren und auszubauen.......

Ich hoffe ich habe die Geduld...

Gruß
TimLuca

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.750.902 von TimLuca am 06.07.11 16:46:18

Hallo, mein Lieber,

nach langem Nachdenken und überlegen bist du nun endlich ebenfalls mit an Bord.

WILLKOMMEN

Bin selbst schon seit vielen Monaten hier "Mitglied" der Aktionärsgemeinde und der Ansicht keinen falschen Entschluss mit meinem Einstieg getroffen zu haben.
Auch wenn ich derzeit durch die Gesamtmarktlage noch ein wenig im Minus bin, so sollte sich dies bei sich normalisierender Marktlage doch bis Jahresende bereinigt haben.

Wünsche dir für deinen Neueinstieg in diesen Wert alles erdenklich Gute

Picker56

[TimLuca [KommA]]

Antwort auf Beitrag Nr.: 41.750.965 von Picker56 am 06.07.11 16:57:29

Hallo @Picker56,

danke für diesen freundlichen Empfang...

Wenn alles gut anläuft, dann möchte ich meine Position auch gerne Ausbauen.
Lassen wir sie mal arbeiten....

Gruß
TimLuca

[sir_krisowaritschko]

Zitat von Picker56: naja, ich bin noch zurückhaltend gestimmt.
man muss festhalten, dass sich der start der mine verzögert hat.

Wie hier, minimale Verzögerungen, kann man generell noch als Punktlandung sehen.

der begriff "minimal" ist recht dehnbar. wenn der cil circuit 4 monate nach plannung in betrieb geht und darunter die recovery leidet und somit der aufwand steigt ist das für mich nicht minimal! aber jeder sieht das anders.

Es sollte dir bekannt sein, dass bei Start-up-Unternehmen Zeitangaben nur als Richtwerte und nicht als Fixpunkte zu verstehen sind. Je komplexer der Unternehmensstart ist, desto ungenauer kann auch nur ein Startzeitpunkt zu verstehen sein, da dieser mit einer Unzahl von Unabwägbarkeiten versehen ist.

aus diesem grund wurde ja auch eine studie ( hier die pea) in auftrag gegeben um unter anderem die inbetriebnahmedauer der mühle, wie du schon sagtest, ungefähr zu berechnen. als aktionär ließt man diese dokumente nicht nur aus dem grund weil man nix besseres zu tun hat sondern weil man wissen will wie lange es dauert bis das unternehmen cash generiert. wenn dann die mühle erst 4 monate nach pea planung voll in betrieb geht, fehlen da am ende paar dollar und vertrauen beim aktionär.

Als ein beruflich mit solchen Themen Betrauter kann ich dir nur empfehlen, dir zukünftig eine lockerere Sichtweise anzueignen um persönlichen Enttäuschungen vorzubeugen.

danke für den hinweis. schätze dich und deine betrachtungsweise sehr. lass mir doch aber bitte meine so langsam gesammelte skepsi auf dem "börsenpakett" will hier fau nicht schlechtreden ala flack, aber immer sachte walten lassen bei der betrachtungsweise. euphorie ist der menschen selten lohn!!!

D

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.752.901 von sir_krisowaritschko am 06.07.11 23:01:09

Natürlich ist jede persönliche Meinung zu respektieren und ich möchte dich ja in keinster Weise angreifen.

Da aber auch andere User mitlesen, die vielleicht nicht so gewandt sind mit den Problematiken eines Explorers, so hatte ich drauf hingewiesen.

Gebe dir Recht, bei vielen Explorern wird über deren IR-Abteilung Planungen, Daten und Termine verlautbart, die eigentlich zu halten hätten.
Mein Einwand für das ernst nehmen war die aus der Praxis abgeleitete Erfahrung, dass jede auch noch so penible Planung selten im vorgesehenen Zeitrahmen erfüllbar ist.

Speziell die von dir angesprochene PEA ist ein Frühstadiumindikator ( P=voraussichtlich ), der maximal den Optimalfall szeniert, selten aber der Realität entspricht.
Vor allem, wenn man berücksichtigt, zu welchem Zeitpunkt in der Unternehmensentwicklung eine PEA erstellt wird und wie viel Zeit bis zur tatsächlichen Umsetzung inzwischen verstreicht.
In dieser Zeit ändern sich oftmals die Parameter ( Lieferung, Kosten, Genehmigungen, geologische Betrachtungen, Minenstruktur, u.s.w. ), womit der in der PEA skizzierte Plan bereits wieder hinfällig ist, oder zumindest keine unbedingte Bedeutung mehr hat, an der man festkleben sollte.

Im Verhältnis zu vielen mir bekannten Unternehmen, bei denen ich investiert war/bin, oder untersucht hatte, sind die paar Monate Zeitverzögerungen wirklich belanglos.
So ganz nebenbei erachte ich es für wesentlich wichtiger, dass das Hochfahren des Betriebes weitgehend störungsfrei absolviert wird, denn nur das generiert cash.
Was ebenso viele Unternehmen vor teils unlösbare Probleme stellt.
Wichtig ist, dass die richtigen Fachleute vor Ort sind, denn nur profiliertes Personal garantiert einen einigermaßen soliden Produktionsstart.
Und Topleute in diesem Bereich sind rar - seit 2009 sowieso.

wenn der cil circuit 4 monate nach plannung in betrieb geht und darunter die recovery leidet und somit der aufwand steigt ist das für mich nicht minimal!

Reservekosten für solche Situationen sind zumeist berücksichtigt - siehe BFS.
Und wo steht, dass darunter die recovery ( rate ?, oder welche meinst du ?) leidet ????
Höchstens die Erfüllung der Produktionsziele fürs laufende Wirtschaftsjahr.
Na und ?????
Hauptsache ist doch ein solid geführtes Unternehmen mit zuverlässiger Produktion.
Ist es hier im Anlagehorizont wirklich wichtig, ob dies 4 Monate früher oder später soweit ist ?

Natürlich kann auch alles ganz anders sein und der Investor ist nur auf den schnellen Zock aus, um sich den Kurssprung bei Produktionsaufnahme zu sichern.
Dann ist natürlich ein Zeitverlust von 4 Monaten ärgerlich.
Ansonsten fehlt mir ein wenig das Verständnis sich an dieser Zeitschiene zu mokieren.

Aber ich finde es positiv, über solche Sachen zu diskutieren, da sie fachlich sind.
Allemal besser als sinnloses Gestammel im Posting wie ein von dir zitiertem Teilnehmer.

Können aber gerne einzelne Punkte offtopic per BM weiter diskutieren.

Picker56

[diamant01]

Gruesse euch Leute!

Bin jetzt mit kleiner Posi auch dabei!

Auf gute Produktionszahlen!

Gruss Diamant

[TimLuca [KommA]]

Hallo Zusammen...


Fire River drills 7.68 m of 5.50 g/t Au at Nixon Fork


2011-07-07 10:09 ET - News Release


This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

Mr. Richard Goodwin reports

FIRE RIVER GOLD ANNOUNCES ADDITIONAL DRILL RESULTS AT NIXON FORK GOLD MINE, ALASKA

Fire River Gold Corp. has provided additional high-grade results obtained from holes drilled during its 2011, 28,000-metre drill program at the Nixon Fork gold mine, situated in Alaska's Tintina gold belt. The company has received and confirmed assay results from the drill holes N11U-055 to N11U-094 from the 3000, 3200 and 3300 zones. Diamond drill hole N11U-94 demonstrates new high-grade zones of mineralization outside of the previously modelled area. This series of drill holes were extremely productive in expanding the extent of the gold mineralization of the 3300 zone. Of particular note is hole No. N11U-068 that exhibited visible gold associated with native bismuth. This demonstrates a known geochemical association of gold and bismuth in this deposit.

A complete listing of the drill hole intercepts are provided in the attached table.





http://www.firerivergold.com/i/pdf/070711FAU.pdf


Gruß
TimLuca

[Sheriff-von-Nottingham]

Attacke!!

Fire River Gold: Fire River Gold gibt Ergebnisse weiterer Bohrlöcher bekannt auf der Nixon Fork Goldmine, Alaska
Autor: IR-World.com
| 08.07.2011, 07:35 | 56 Aufrufe | 0 | druckversion

Fire River Gold gibt Ergebnisse weiterer Bohrlöcher bekannt auf der Nixon Fork Goldmine, Alaska

7. Juli 2011 Vancouver, Canada - Fire River Gold Corp (TSXV: FAU) (OTCQX: FVGCF) (FSE: FWR) (“FAU” oder das “Unternehmen”) freut sich, Ihnen weitere hochgradige Ergebnisse aus ihrem 2011er 28.000 m langen Bohrprogramm auf der Nixon Fork Goldmine, gelegen in Alaskas Tintina Goldgürtel, bekannt zu geben. Das Unternehmen erhielt die bestätigten Probenergebnisse aus den Bohrlöchern N11U-055 bis N11U-094 aus den Zonen 3000, 3200 und 3300. Das Diamantbohrloch N11U-94 zeigte neue hochgradige mineralisierte Zonen außerhalb des bisher modellierten Gebietes. Diese Bohrlochserie war extrem produktiv in der Ausdehnung der Goldmineralisierung der Zone 3300. Besonders bemerkenswert ist Bohrlochnummer N11U-068 das sichtbares Gold in Verbindung mit natürlichem Bismut zeigte. (Siehe Abb. 1). Dies zeigt eine bekannte geochemische Verbindung von Gold und Bismut im Vorkommen.

Unter dem folgendem Link finden Sie die Abbildung und die Tabelle dazu: http://www.irw-press.com/dokumente/FAU_Drillresults_July2011…

Die meisten der bisher gemeldeten Löcher waren zum Zweck der Erzbestimmung der bekannten Blockmineralisierungen. Die Löcher der Zonen 3000Z und 3200 sind mehr der Exploration zuzurechnen und suchen nach zusätzlicher Mineralisierung in der oberen Crystal Mine oberhalb den Abbauzonen des sechsmonatigen Betriebsplans.

Fire River Gold Corp ist Mitglied der International Metals Group.
(www.internationalmetalsgroup.com)

Im Namen der Geschäftsleitung, Ich freue mich darauf Sie über die weiteren Unternehmensentwicklungen informieren zu dürfen.

Weitere Informationen: Tel: [phone] Fax: [phone]
Email: [e-mail] oder besuchen Sie www.firerivergold.com
2303 West 41st Avenue, Vancouver, B.C., Canada, V6M 2A3

Richard Goodwin
Präsident & COO

Diese Pressemitteilung enthält etliche vorrauschende Aussagen sowie solche Aussagen die Risiken und Unsicherheiten beinhalten. Ergebnisse und Ereignisse können signifikant von aktuellen Ergebnissen und Ereignissen abweichen. Jede vorrauschende Aussage bezieht sich immer nur auf das Datum und den Stand der Pressemitteilung. Außer es wird per Gesetzt verlangt, weißt das Unternehmen jedwede Verpflichtung oder Haftung von sich vorrauschende Aussagen zu aktualisieren. Weder als Ergebnis neuer Informationen noch als Ergebnis zukünftiger Ereignisse oder Ergebnisse die eintreten können.

Weder TSX Venture Exchange noch der Regulation Service Provider (wie in den Statuten der TSX Venture Exchange definiert) zeichnen sich nicht verantwortlich für die Korrektheit oder Angemessenheit dieser Pressemitteilung. Es gilt ausschließlich die englische Originalpressemeldung.

Für die Richtigkeit der Übersetzung wird keine Haftung übernommen! Bitte englische Originalmeldung beachten!

[diamant01]

Aha die Meldungen sind auch schon eingestellt!

Sehr fleissig... Tnx

[ooy]

...und der Kurs steigt trotzdem nicht, bin gestern raus...

[Sheriff-von-Nottingham]

der kommt schon noch, der kommt ;-)

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.760.494 von Sheriff-von-Nottingham am 08.07.11 10:39:33

Lass ihn doch. Ist ja jedermanns eigene Entscheidung raus zu gehen, wenn er für sich in diesem Wert keine Perspektiven sieht.

Persönlich finde ich halt den Zeitpunkt als für relativ ungünstig gewählt.

Doch sprechen wir in einigen Monaten nochmals drüber, dann werden wir ja sehen ob die Entscheidung von ooy gut war oder nicht.

Picker56

[Isengrad]

Antwort auf Beitrag Nr.: 41.761.350 von Picker56 am 08.07.11 12:28:51

Oja, und dann reden wir vielleicht auch über meine Entscheidung,
hier einzusteigen.

Mich hat einiges überzeugt.
Isi

[ooy]

Wenn eine Aktie trotz diesen Newx nicht steigt, ist das fuer mich halt immer ein schlechtes Zeichen...

[typeonegative]

Antwort auf Beitrag Nr.: 41.765.186 von ooy am 09.07.11 10:34:28

Wenn sich der gesamte Rohstoffsektor in einem Bullenmarkt befinden würde, dann würde es mir auch komisch vorkommen. In der aktuellen Marktphase, wo die meisten Rohstoffaktien im Vergleich zum Gesamtaktienmarkt und den Rohstoffen unverhältnismäßig runtergeprügelt wurden, sehe ich das hier eher als Einstiegschance.

Momentan ist es eher eine Ausnahme, wenn gute Nachrichten nicht kurstechnisch verpuffen. Deshalb ist das alleine für mich kein Kriterium.

[ooy]

Antwort auf Beitrag Nr.: 41.765.400 von typeonegative am 09.07.11 12:28:41

Die Erholung der anderen Werte hat doch schon begonnen ohne das sich hier was tut...

[typeonegative]

Antwort auf Beitrag Nr.: 41.765.458 von ooy am 09.07.11 12:53:02

Eine kleine Erholung von einigen Rohstoffaktien ist noch kein Bullenmarkt. Aber vll. ja der Beginn. Schaun ma mal...

[Howto45]

Antwort auf Beitrag Nr.: 41.765.458 von ooy am 09.07.11 12:53:02

Fire River meldet den Vertragsabschluß für den Edelmetallverkauf:

July 11, 2011 Vancouver, Canada -- Fire River Gold Corp. (the "Company", "FAU") (TSX.V: FAU) announces a one year term refining contract with Johnson Matthey Inc. of Salt Lake City, Utah. On mutual agreement, this contract will be automatically renewed after the first 12 month period.

Johnson Matthey's operations comprise of refining gold and silver, bullion manufacturing and then selling on the open market. Johnson Matthey will be refining the doré bars shipped by Fire River Gold from the Nixon Fork Gold Mine in their facilities in Salt Lake City, Utah, which when delivered to the refinery, will contain approximately 70% gold and 30% silver.

Half of Fire River Gold's revenue from the Nixon Fork Gold Mine will be generated from the sale of the doré bars to the refinery in Utah. The other half of the revenue generated will be from the sale of a copper concentrate which will be shipped to a smelter (contract pending). The first shipment of doré bars to Johnson Matthey will be delivered in the month of August.


On behalf of the Board of Directors,



Es ist soweit wohl alles auf einem guten Weg.

[Vitautas]

Es gab ja vor ein paar Tagen News:

Es gibt gewisse Spekulationen und einige bekannte Fakten über das Grundwasser in der Mine. Zurzeit steht das Wasser ca. 3 m hoch auf dem Boden der alten Rampe und ca. 0,3 m auf dem Beginn der neuen Rampe. Wir wissen dass der Wasserstand in der Mine um ca. 6 m schwanken kann im Frühling nach der Schneeschmelze

Aaarrrgh, 3m hoch steht das Wasser
Ich lasse die Finger von der Aktie, das ist mir zu riskant. Wasser kann ein wirtschaftliches Abbauen komplett verhindern.

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.775.151 von Vitautas am 12.07.11 11:02:00

Wasser kann ein wirtschaftliches Abbauen komplett verhindern.

Kann es, aber nur wenn man es stehen läßt und nichts tut.

Kenne das leidige Thema aus einer Kupfermine wo wir jede Menge Wassereintritt in beiden Sohlen hatten. Ausreichend dimensionierte Dieselpumpen hatten das aber dauerhaft im Griff.

Und soviel Geld kostet der Betrieb ( nebst Anschaffung ) der Pumpen nicht ( waren 1991 2 x USD 28.000 ). Am Teuersten sind die Ableitungen des gepumpten Wassers über 0-Niveau, aber für ein gut gemanagtes Unternehmen weniger Problem als eine unprofessionelle Mühle.

Picker56

[Isengrad]

Grundwasser und Wasser aus starken Regenfällen oder sogar Überschwemmungen behindern immer wieder mal Minen.

Ein ernsthaftes Problem ist es eher selten.

Scheint hier auch so, der Kursanstieg in Kanada sagt viel aus.
Isi

[ooy]

Da war ich wohl der klassische Kontraindikator...

[niemwolf]

Schon St. Andrews hat mit erheblichem Kostenaufwand alles Mögliche versucht, das Wasser aus der Mine zu kriegen und hat es nicht geschafft. Und hier wird so getan, als wenn das alles kein Problem wäre.

[dives]

Antwort auf Beitrag Nr.: 41.779.805 von niemwolf am 13.07.11 08:25:10

Die geologischen Verhältnisse sind inzwischen viel besser bekannt, eine neue Rampe findet Verwendung, zwei zuvor getrennte Stollen sind zu einem Bergwerk verbunden, zusätzliche Maßnahmen zur Überwachung finden ebenso Anwendung wie ein neues Rückhaltebecken. Ich frage mich schon, was da noch schief gehen soll? Und selbst wenn unvorhergesehen mehr Wasser eintreten sollte, gäbe es noch eine Reihe bislang nicht ausgeschöpfter Gegenmaßnahmen.

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 41.779.805 von niemwolf am 13.07.11 08:25:10

schaut man sich mal st.andrews genauer an so sieht man das diese in der vergangenheit des öfteren nach dieser praxis verfuhren!
mine plus mühle hochziehen und verkaufen. also ich glaube nicht, dass sie fort nixon nur aus dem grunde der unbezwingbaren wassermaßen veräußerten.

[TimLuca [KommA]]

Hallo Zusammen,




Mein Einstieg bei Fire River Gold, nenne ich mal gelungen.
Hatte aber auch gute Infos bei mir im Thread bekommen...

Da ist ein Teil Pancontinental, ein Teil Altona drinne.......






Jetzt heißt es, der Widerstand bei 0,50 CAD muss überwunden werden.
Der nächste größere Widerstand ist dann bei 0,58 CAD.

Das Momentum ist ins positive gelaufen und der MACD zeigt sich auch positiv!
Wenn jetzt noch das Volumen weiter steigt, dann denke ich das wir weiter steigende
Kurse sehen werden!



Gruß
TimLuca

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 41.782.612 von TimLuca am 13.07.11 15:49:26

glückwünsch tim
habsch mich wohl geirrt mit dem kursverlauf
dann auf steigende kurse...

[TimLuca [KommA]]

Antwort auf Beitrag Nr.: 41.782.640 von sir_krisowaritschko am 13.07.11 15:53:06

Danke!

Aber erst mal muss der weitere Anstieg bestätigt werden!

Gruß
TimLuca

[niemwolf]

Antwort auf Beitrag Nr.: 41.782.600 von sir_krisowaritschko am 13.07.11 15:47:44

des öfteren nach dieser praxis verfuhren!
mine plus mühle hochziehen und verkaufen. also ich glaube nicht, dass sie fort nixon nur aus dem grunde der unbezwingbaren wassermaßen veräußerten.

Sie haben 54 Millionen reingesteckt und für einen Bruchteil dessen (ich glaube 500000) verkauft. Sowas machen die öfter? Das lag dann wohl doch eher an den Wassermassen.

dives,

St. Andrews ist alle erdenklichen Möglichkeiten durchgegangen. Es gibt wohl keine machbare.

[dives]

Antwort auf Beitrag Nr.: 41.782.939 von niemwolf am 13.07.11 16:27:40

Verkauft wurde wegen fehlender Anschlussfinanzierungen. Schon die Finanzkrise und ihre katastrophalen Auswirkungen auf Bergbauprojekte vergessen? St. Andrews stand finanziell am Abgrund, musste um fast jeden Preis veräußern.

Und was das Wassermanagement angeht, so bleibt nur festzustellen, daß allein die von Fire River veröffentlichten neu ergriffenen Maßnahmen deutlich über diejenigen von St. Andrews hinausgehen, womit hinreichend erwiesen sein sollte, daß St. Andrews eben nicht alles erdenkliche in dieser Hinsicht unternommen hatte. Damals war übrigens der Goldpreis deutlich niedriger, so daß sich natürlich auch nur ein gewisser technischer Aufwand noch als wirtschaftlich erwiesen hätte. Fire River stehen dank des höheren Goldpreises glücklicherweise ganz andere Möglichkeiten zur Verfügung.

[niemwolf]

Antwort auf Beitrag Nr.: 41.783.069 von dives am 13.07.11 16:41:34

daß allein die von Fire River veröffentlichten neu ergriffenen Maßnahmen

Was für Maßnahmen? Bin nicht mehr so ganz auf dem laufenden. Für die eigentlichen Maßnahmen brauchten die doch `ne Genehmigung. Und die war doch noch nicht mal beantragt.

St. Andrews stand finanziell am Abgrund, musste um fast jeden Preis veräußern.

Standen die am Abgrund? Die haben das verkauft, wo sie der Meinung waren, das da nix mehr (an Gold) rauszuholen ist. Hatten sie damals auch angekündigt. Die wollten noch `ne Ressourcenschätzung abwarten und dann entscheiden. Und wenn`s da andere Möglichkeiten gegeben hätte, hätten sie auch mehr als 500000 Dollar bekommen.

[Howto45]

Antwort auf Beitrag Nr.: 41.782.682 von TimLuca am 13.07.11 15:57:42

@TimLuca:
Technisch war das gestern in Toronto irgendwie kein guter Tag.
Die 50-Cent-Marke wird noch ein hartes Ding.

[TimLuca [KommA]]

Antwort auf Beitrag Nr.: 41.785.784 von Howto45 am 14.07.11 05:31:38

Hallo,

so hatte ich es mir gedacht. Mir wäre ein übersteigen auch lieber gewesen.
Aber warten wir mal ab was der heutige Tag bring!

Gruß
TimLuca

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.786.674 von TimLuca am 14.07.11 10:09:31

Aber warten wir mal ab was der heutige Tag bring!

Würde ich gar nicht so sehr beachten. Zu viele Tageskrämpfe an den Weltbörsen - das verzerrt doch das Bild nur.

Besser wäre es in etwas größeren Zeiteinheiten zu denken, dann glättet sich auch das Bild wieder.
Und meiner Meinung nach zeigt der Trend gen Norden, denn es stehen einige essentielle Aussagen und Entwicklungen an, die den Kurs eher nachhaltig beeinflussen können als dass dies der jeweilige Tageskurs vermittelt.

Picker56

[TimLuca [KommA]]

Hallo @Picker56,

ich gebe dir ja völlig Recht!
Vom Chart her ist es nun mal so, das wir bei der 0,50 CAD wieder einen Rückwärtsgang einlegen könnten. Schon sind wir wieder in der Seitwärtsbewegung gefangen.

Natürlich ist es nicht für die lange Sichtweise gedacht. Da erhoffe ich mir schon was anderes. Aber dazu jetzt schon Ausagen zu Treffen, das will ich noch nicht.
Das MM muss es schaffen die Produktion ans laufen zu bringen und ich denke mal das wir da hoffentlich noch positive NEWS erwarten können.

Gruß
TimLuca

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.786.781 von TimLuca am 14.07.11 10:22:23

Genau !! Thats it.

Und auf Sicht ist mir die momentane Unterstützung völlig egal.
Wie du richtig sagst, alles ist abhängig davon ob das MM das Werk ordentlich ins laufen bringt und nur das zählt.
Egal ob ja oder nein, dann sind ohnehin alle "Unterstützungslinien" der Charttechnik irrelevant. Sowohl im positiven wie auch im negativen Fall.

Picker56

[typeonegative]

Goldgräber in Aufbruchstimmung

Analysten halten Minenaktien für deutlich unterbewertet - und setzen darauf, dass die Titel von der Edelmetallrally profitieren. Eine Analyse.

weiter siehe: http://www.ftd.de/finanzen/maerkte/portfolio-goldgraeber-in-…

Interessant auch der Hinweis zu den durchschnittlichen Förderkosten:
2010: 900 Dollar
2011: 1000 Dollar geschätzt

[Picker56 [KommA]]

Interessant auch der Hinweis zu den durchschnittlichen Förderkosten:
2010: 900 Dollar
2011: 1000 Dollar geschätzt

Derart hohe Förderkosten sind kaum anzutreffen, außer bei Unternehmen mit NICHT funktionierender Mühle.
Es wäre interessant zu erfahren, was alles sie in die Förderkosten hinein rechnen um zu solchen Ziffern zu gelangen.

Seriosität sieht anders aus.

Picker56

[typeonegative]

Antwort auf Beitrag Nr.: 41.791.746 von Picker56 am 14.07.11 22:36:17

Scheinbar so wie hier:

http://www.godmode-trader.de/nachricht/Gold-Das-sind-die-Pro…

[Picker56 [KommA]]

Antwort auf Beitrag Nr.: 41.791.873 von typeonegative am 14.07.11 23:12:53

Natürlich, man kann ja alles hinein rechnen - aber auf dieser Basis werden die Begriffe OPEX, CAPEX u.s.w. ad absurdum geführt.
Speziell bei CAPEX und Abschreibungen sind derart große betriebsspezifische Unterschiede, dass man dies nicht alles über einen Kamm scheren kann

Fehlt gerade noch dass sie Zinsen und Steuern auch noch hinzu rechnen.

Na ja, glaube keiner Statistik , die du nicht selbst gefälscht hast.
Anderseits bezeugt eine Statistik, dass 90% aller Statistiken falsch sind.

Nehmen wir lieber die in der PEA, bzw. BFS abgebildeten Kennzahlen eines Unternehmens, da sind wir allemal besser aufgehoben bei der Erstellung der eigenen Feasibility.

icker56

[Sheriff-von-Nottingham]

Gold im Höhenflug und FAU bewegt sich nicht? Korrigiert sogar nach unten! Was ist da los?

[Howto45]

Antwort auf Beitrag Nr.: 41.879.300 von Sheriff-von-Nottingham am 02.08.11 15:31:46

@Sheriff-von-Nottingham:
was los ist, ist doch eigentlich klar !
Robin Hood hat sich negativ zu dem Wert geäußert !

[Sheriff-von-Nottingham]

ich wußte immer schon, dass dieser Robin Hood nichts gutes im Schilde führt. Am besten wir rüsten eine neue Mayflower aus und schicken ihn in die neue Welt - oder in unsere Gefängniskolonie nach Australien.

[Flack]

'....Und meiner Meinung nach zeigt der Trend gen Norden.....' - siehe oben!

Wer bei FAU in drei Jahren zugreift (bei dann vermutlich deutlich unter 0,05 USD), wird dann immer noch zu früh dran sein! Denn: 'Wer bei FAU zu früh einsteigt, den bestraft das Leben!'
Flack

[Picker56 [KommA]]

Zitat von Flack: '....Und meiner Meinung nach zeigt der Trend gen Norden.....' - siehe oben!

Wer bei FAU in drei Jahren zugreift (bei dann vermutlich deutlich unter 0,05 USD), wird dann immer noch zu früh dran sein! Denn: 'Wer bei FAU zu früh einsteigt, den bestraft das Leben!'
Flack

Sprach hier ein Weiser aus dem Morgenland ???
Oder doch ein Sinnlosposter ???

Müll doch den Thread nicht mit so nem unsachlichem Quatsch zu

Picker56

[Flack]

Antwort auf Beitrag Nr.: 41.896.897 von Picker56 am 05.08.11 00:34:37

Eher ein 'Weiser aus dem Morgenland'! Siehe Kursverlauf von FAU die letzten Jahre über! Der lügt nämlich nicht!!!

Flack

[Sheriff-von-Nottingham]

in D sind wir wie immer sehr gehemmt. Parikurs zu CAN wäre momentan 0,27584

[TimLuca [KommA]]

Guten Abend!

Fire River signs Cu concentrate contract with Glencore


2011-08-10 09:38 ET - News Release


Mr. Richard Goodwin reports

FIRE RIVER GOLD CORP. ANNOUNCES CONCENTRATE SALES AGREEMENT

Fire River Gold Corp. has negotiated a three-year contract with Glencore International Ltd. for the sale of the copper concentrate produced at Nixon Fork gold mine. The gold-rich copper concentrate is to have moderate copper content which has varied from 10 per cent to 25 per cent historically.

The concentrate will leave Nixon Fork gold mine in one-tonne totes on pallets aboard a C130 Hercules aircraft, which will amount to approximately 900 wet (less than 10-per-cent moisture) metric tonnes per year. The product will be transported to Anchorage where it will be transferred and loaded into 40-foot international shipping containers, then barged to Seattle. The final destination for the product will be a smelter in the Philippines.

Approximately half of Fire River Gold's revenue from the Nixon Fork gold mine will be generated from the sale of the gold-rich copper concentrate and the other half from the sale of the dore bars to the Johnson Matthey refinery in Utah. (Please see news release dated July 11, 2011.)

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aFAU-18695…


Gruß
Stefan

[typeonegative]

China und Indien heizen Goldmarkt an

Angesichts der Börsenturbulenzen ist der Goldpreis erstmals über 1880 Dollar je Unze gestiegen. Aktuelle Marktzahlen lassen einen weiteren Anstieg erwarten. Denn die Nachfrage ist weiter gewaltig - in der westlichen Welt, vor allem aber in den Schwellenländern.

weiter: http://www.manager-magazin.de/finanzen/alternativegeldanlage…

[typeonegative]

Fire River Gold Announces Further Drill Results

http://www.firerivergold.com/s/NewsReleases.asp?ReportID=474…

[Picker56 [KommA]]

Es laufen heuer noch über 6,5 mio warrants aus mit Kursen zwischen $o,50 und $0,75

Dies würde rd. 6 Mio$ cash in die Kassa spülen.

Mal sehen, ob sich dir Kurse dahin entwickeln ( was uns sehr freuen würde ), oder ob diese Warrants ergebnislos auslaufen.

Picker56

[Howto45]

Antwort auf Beitrag Nr.: 41.993.539 von Picker56 am 24.08.11 01:03:34

Heute neue Meldung von Fire River:

August 25, 2011 Vancouver, BC, Canada - Fire River Gold Corp. and Mystery Creek Resources Inc. (TSX.V: FAU), (OTCQX: FVGCF), (FSE: FWR) (collectively "the Company") are pleased to provide this update for the Nixon Fork Mine. It provides a summary of the progress of mining and milling activities.

Mill commissioning started on July 4th 2011 and it has operated since that time at an average availability of 71%. A total of 3,078 tons of ore was processed in July and approximately 2,500 so far this month. Only gravity and flotation circuits are being operated at this time, while the CIL plant is still under construction. The current mill feed head grade is averaging approximately 20 g/t.

Over 30 tonnes of copper concentrate has been produced containing 18% Cu, 779 g/t Au, and 398 g/t Ag. A total of 21 bags of concentrate weighing 18,300 kg have been shipped to Anchorage using a Hercules L-100 aircraft.

The concentrate has been markedly improved in comparison to the last production period by increasing the grades and decreasing the moisture content as follows:


Year Cu % Au g/t Ag g/t % Moisture

2011 18.2 779 398 9.0
2007 12.6 337 184 22.8
Change 5.6 442 215 -13.8

The moisture content has been further reduced to less than 6% in the most recent bags.

Gravity separation has recovered approximately 500 ounces of gold in the gravity concentrate, which will be poured into a 30 kg doré bar.

Total gold recovery has averaged 78% (24% from gravity and 54% in the copper concentrate) which is close to expectations. By comparison, recovery averaged 68% in 2007. Total gold recovery will increase substantially with the addition of leaching as a third gold recovery process.

Approximately 4,000 tonnes of ore has been mined to-date from five stopes using room and pillar extraction. The mine is currently producing approximately 170 tonnes per day at a grade of 18 g/t.

The property is evaluating other stoping methods, including longhole to reduce costs and increase productivity. Equipment has been acquired to test these other methods, including a remote control scooptram and drill buggy. Non-explosive ore extraction is also being tested using scaling machines with considerable success.

The Qualified Person for this news release is Richard Goodwin, P.Eng, President & C.O.O for Fire River Gold.


On behalf of the Board of Directors,

"Richard Goodwin"

Richard Goodwin
President and COO

Jetzt kann man also sagen, der Produktionsprozess wurde aufgenommen !

Noch ein kleines Pflänzchen, aber es wird doch hoffentlich wachsen und gedeihen !
Gruß an alle Investierten und Glück auf !!

[TimLuca [KommA]]

Antwort auf Beitrag Nr.: 42.002.473 von Howto45 am 25.08.11 16:17:35

Was soll ich sagen, keiner da.....................

Zitat von websin:

Zitat von reini81: Hallo@all,
....bin auf der Suche nach einem neuen Broker mit günstigen Spesen für CAD und ASX, wenn möglich mit Außenstelle in Österreich....... hat jemand diesbezüglich Info`s?
Vielen Dank!...gerne auch per BM....
Gruß
reini81

schau mal hier: http://www.lynxbroker.de/

[TimLuca [KommA]]

Antwort auf Beitrag Nr.: 42.004.251 von TimLuca am 25.08.11 21:53:50

Da sollte was anderes hin....

[TimLuca [KommA]]

Antwort auf Beitrag Nr.: 42.004.251 von TimLuca am 25.08.11 21:53:50

[typeonegative]

Zitat von typeonegative: Fire River Gold Announces Further Drill Results

http://www.firerivergold.com/s/NewsReleases.asp?ReportID=474…

Nixon Fork macht Laune
Fire River Gold - Die nächsten exzellenten Bohrdaten

http://www.goldinvest.de/index.php/fire-river-gold-die-naech…

Denke, da wartet auch noch einiges auf uns
Macht wirklich Laune...

[simkus66]

Antwort auf Beitrag Nr.: 42.006.518 von typeonegative am 26.08.11 13:06:41

http://tmx.quotemedia.com/article.php?newsid=44116323&qm_sym…

Die erste Ladung ist schon unterwegs!!!

Grüßle simkus66

[simkus66]

Antwort auf Beitrag Nr.: 42.006.929 von simkus66 am 26.08.11 14:11:07

Over 30 tonnes of copper concentrate has been produced containing 18% Cu, 779 g/t Au, and 398 g/t Ag. A total of 21 bags of concentrate weighing 18,300 kg have been shipped to Anchorage using a Hercules L-100 aircraft.

[websin]

weiter so....endlich mal was positives nach all dem hin und her im kursverlauf trotz beharrlich guter meldungen in der vergangenheit.

VG, WEBSIN

[Howto45]

Antwort auf Beitrag Nr.: 42.008.339 von websin am 26.08.11 17:25:35

@websin:
Mit dieser Unterstützung an der News-Front sollte auch in der nächsten Woche die Hürde mit den 0,50 can-$
genommen werden.

[Isengrad]

m Bohrloch N11U-175 hat man einen 1,9 Meter starken Abschnitt mit sage und schreibe 205 Gramm Gold pro Gesteinstonne gefunden – das sind knapp 6 Unzen! Etwas näher an der Oberfläche waren es bei dieser Bohrung immerhin 110 Gramm Gold pro Tonne Gestein, das sind mehr als 3 Unzen.


Geschrieben von der Redaktion!
Wie peinlich.

205g sind knapp 6 Unzen!
Isi